Retirement Plans & Preparation

As an employer, you recognize how important it is to develop and maintain employees’ benefit and retirement plans that help attract and retain good employees.

SACO is blessed with requisite consulting associates who have years long experience in developing service rules and regulations and for designing and developing various retirement benefits including contributory provident fund, pension fund and retirement gratuity fund etc.

SACO staff can assist you in determining the best plan for your circumstances including the preparation of cost projections for various types of plans and allocation formulas. Once your plan is in place, we can assume responsibility for the paperwork and administrative headaches related to plan administration including reporting to the Inland Revenue as required under the Income Tax Ordinance, 2001 in Pakistan and the calculation of company contributions, income determination and allocation to subscribers.