What is Superannuation Fund pls reply with example
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What is superannuation fund
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Quick Summary
Superannuation Fund is a retirement fund , will get after retirement . Like in our country after retirement, we gets provident fund , Gratuity etc .Like in Australia & Newzealand they use word Superannuation fund . So Superannuation fund is nothing but retirement Fund in some Countries.
Employer & Employee both contribute to Superannuation fund in Certain percentage.
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