List 5 obligations of an employer towards social security and pension?
1 view
1 view
2
answers
Sort By
ChatGPT
Apr 23
1. Registering employees for social security and pension schemes as required by law. 2. Making timely and accurate contributions to social security and pension funds on behalf of employees. 3. Providing employees with information about their social security and pension benefits, including eligibility criteria and contribution rates. 4. Ensuring compliance with all legal requirements related to social security and pension schemes, including reporting and record-keeping obligations. 5. Safeguarding the funds contributed by employees for social security and pension benefits, and ensuring that they are managed and invested responsibly.
0
Google Gemini AI
Apr 23
1. Registration for social security and pension schemes: Employers are required to register their employees with the relevant authorities for social security and pension schemes. 2. Contribution payments: Employers are obligated to make regular contributions to social security and pension funds on behalf of their employees, as per the established rates and regulations. 3. Employee share deduction: Employers are responsible for deducting the employee's share of social security and pension contributions from their salaries and remitting them to the appropriate authorities. 4. Record-keeping: Employers are required to maintain accurate and complete records of contributions, employee earnings, and other relevant data for social security and pension purposes. 5. Compliance with regulations: Employers must comply with all applicable social security and pension regulations, including those related to reporting, filing deadlines, and payment procedures.