GROWTH OF PENSION PLANS WITH SPECIAL REFERENCE TO LIC OF INDIA

GROWTH OF PENSION PLANS WITH SPECIAL REFERENCE TO LIC OF INDIA
Author(s):
KARTHICK P, Dr.MANOJ KUMARA N V
Keywords:
Pension plans, LIC of India, financial security, Jeevan Akshay, Jeevan Nidhi.
Abstract
Pension plans are the retirement amount, which an individual gets from their insurance companies on a regular basis or in the form of a lump sum. There are various types of such plans available in the country offered by various companies. These study objectives is to know about yearly growth of pension plans in LIC. Using descriptive and secondary data collection methods. This study is based on secondary data and limited data about growth of pension plans LIC India. This paper finding the number of pension plan policy clients are peoples reduced Year by year. Conclusion peoples and publics more invested in equities than the pension plans. LIC still not reached to backward areas like rural area these also one of the causes for reduce of pension plans in India and also competition from private firms.
Article Details
Unique Paper ID: 146760 Publication Volume & Issue: Volume 5, Issue 2 Page(s): 165 - 168
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