Lawkidunya Banner

Which Pension Fund is Best in Pakistan

MTPF is the best way to save and invest for your post-retirement needs and it has the potential to deliver superior returns with the added advantage of providing immense Tax Benefits* which significantly enhances the yield on your investment.

What is a Pension Fund in Pakistan

A pension fund is a financial entity established by an employer to provide retirement benefits to employees. It is funded through contributions made by both the employer and employees and is managed by financial institutions or in-house pension funds.

What is an Example of a Pension Fund

A defined-benefit pension plan guarantees a set monthly payment for life or a lump-sum payment at retirement. A defined-contribution plan, such as a 401(k), is an investment account that is funded primarily by an employee and grows throughout the employee’s working years.

What are the Benefits of a Pension Fund

A pension fund is a retirement fund that receives frequent contributions (usually monthly) from you and your employer. At retirement, you can access up to one third of the benefit in cash, and the remaining two thirds must be used to purchase an income annuity.

Which Pension Scheme is Best

Max Life Guaranteed Lifetime Income Plan.
Bajaj Allianz Lifelong Goal.
Kotak Premier Pension Plan.
Aditya Birla Sun Life Insurance Empower Pension Plan.
Tata AIA Life Insurance Guaranteed Monthly Income Plan.
IndiaFirst Life Guaranteed Annuity Plan.

Leave a Reply

Your email address will not be published. Required fields are marked *