Why Voluntary Pension Schemes are better than Provident or Gratuity funds A personalised investing strategy – combined with employer better than the current structure of provident and gratuity funds By Farooq Tirmizi employer offers a provident fund or a gratuity fund, and possibly both. When creating your company’s provident or gratuity fund can be a considerable option and well worth consideration. meant to facilitate retirement savings. Here is how it works: an employee can contribute a certain percentage of their salary every I f you are employed at a company in Pakistan – and even if you are a younger employee at a government institution – there is a very good chance that you PERSONAL FINANCE 37
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