Superannuation can be also called as a pension. It is a fixed income that is given to any person which is on normal basis after retirement. These are a kind of payments which are made in shape of an annuity that is guaranteed, to a retired person or to a person who has been disabled due to work.
There is another kind of superannuation that is designed at times in the retirement plans. They design it in a way that they accumulate a balance of cash that can serve usefully for a person on the time of his retirement. In either of the types of superannuation, there are benefits given to the employee.
There is another kind of superannuation that is designed at times in the retirement plans. They design it in a way that they accumulate a balance of cash that can serve usefully for a person on the time of his retirement. In either of the types of superannuation, there are benefits given to the employee.