Employee Pension Insurance
Employee Pension Insurance is a type of insurance that provides financial support to workers after they retire. It ensures that employees receive a steady income during their retirement years, helping them maintain their standard of living. This insurance is typically funded through contributions from both employers and employees during their working years.
The program is designed to cover various aspects of retirement, including basic living expenses and healthcare costs. In many countries, Employee Pension Insurance is a mandatory benefit, ensuring that all workers have access to financial security in their later years.