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A STUDY ON SUPERANNUATION BENEFITS AT NLC INDIA LTD

Dear Respondents, I would like to bring to your kind notice that I am doing a project study
on the topic “A STUDY ON SUPERANNUATION BENEFITS AT NLC INDIA LTD” in the
department of Management studies, Sona School of Management, Salem. The aim of this survey
is to know the extent to which the employees of NLCIL are aware about the superannuation
scheme and its benefits. The information collected in this survey will be used only for academic
research purpose and would be kept confidential. I request you to spend your precious few
moment to fulfill the questionnaire. Your cooperation in this regard will be highly appreciated .

DEMOGRAPHIC PROFILE

1) Name :

2) Gender : (a) Male (b) Female

3) Marital Status: (a) Married (b) Unmarried

4) No of Dependents:

5) Age : (a) Below 20 yrs. (b) 20 – 30 yrs.


(c) 30 – 40 yrs. (d) 40 – 50 yrs.
(e) 50 Yrs. and above

6) Education Qualification:
(a) SSLC/ITI (b) HSC/Diploma
(c) Graduate (d) Post Graduate and above
7) Monthly Salary:
a) Below 20000 b) 20000 – 35000
c) 35000 – 50000 d) 50000 - 65000
e) 65000 above

8) Grade:
(a) Executive (b) Supervisor (c) Non-Executive (d) Others

9) Experience of the employee:


(a) Below 10 yrs. (b) 10 – 15 yrs.
(c) 15-20 yrs. (d) 20-25 yrs.
(e) 30 yrs.
QUESTIONNAIRE
1) Do you know the implementation of the Social Security Schemes by your
company?
a) Yes b) No c) No opinion

2) Do you know the following Social Security Schemes are provide by your
company?

S.No Scheme Yes No No


opinion
I Gratuity Act 1972
II Employees’ Provident Funds &
Miscellaneous Provisions Act 1952
III Employees’ Pension Scheme -1995

IV NLC Superannuation Pension Scheme

V Post-Retirement Medical Assistant


/Post-Retirement Medical Insurance
Scheme
3) Are you satisfy with the benefits of social security schemes?

S.No Scheme Highly Satisfied Neutral Unsatisfied


satisfied
I Gratuity Act 1972
II Employees’ Provident
Funds & Miscellaneous
Provisions Act 1952
III Employees’ Pension
Scheme -1995
IV NLC Superannuation
Pension Scheme
V Post-Retirement
Medical Assistant
/Post-Retirement
Medical Insurance
Scheme

4) Are you aware to give the details of himself and details of the nomination
for social security schemes?

a) Yes b) No c) No opinion

5) Are you aware about the need to submit a fresh nomination under the social
security scheme benefits after you?

a) Yes b) No c) No opinion

6) Are you aware about the procedure for claiming the benefits under the
social security schemes?

a)Yes b) No c) No opinion
7) Do you know about the documents are to be furnished to the claim social
security scheme benefits?

S.No Scheme Yes No No opinion


I Gratuity Act 1972
II Employees’ Provident Funds &
Miscellaneous Provisions Act 1952
III Employees’ Pension Scheme -1995

IV NLC Superannuation Pension Scheme

V Post-Retirement Medical Assistant


/Post-Retirement Medical Insurance
Scheme

8) Are you satisfied with duration of settlement of social security scheme


benefits?

S.No Scheme Highly Satisfied Neutral Unsatisfied


satisfied
I Gratuity Act 1972
II Employees’ Provident
Funds & Miscellaneous
Provisions Act 1952
III Employees’ Pension
Scheme -1995
IV NLC Superannuation
Pension Scheme
V Post-Retirement
Medical Assistant
/Post-Retirement
Medical Insurance
Scheme
9) Do you know the eligibility service for claiming befits under of the social
security scheme benefits?

S.No Scheme Yes No No


opinion
I Gratuity Act 1972
II Employees’ Provident Funds &
Miscellaneous Provisions Act 1952
III Employees’ Pension Scheme -1995

IV NLC Superannuation Pension Scheme

V Post-Retirement Medical Assistant /Post-


Retirement Medical Insurance Scheme

10) Are you satisfied with the interest declared for accumulation of EPF amount
every financial year by your EPF Trust?

a) Highly satisfied b) Satisfied c) Neutral d) Unsatisfied

11) Are you satisfied with the withdrawal from Employees Provident Fund?

a) Highly satisfied b) Satisfied c) Neutral d) Unsatisfied

12) Are you satisfied with duration of sanction of withdrawal from Employees
Provident Fund?

a) Highly satisfied b) Satisfied c) Neutral d) Unsatisfied

13) Are you satisfied with the return of corpus amount of NLC Superannuation
Fund to your nominee after loss?

a) Highly satisfied b) Satisfied c) Neutral d) Unsatisfied

14) Are you satisfied with the management contribution of pension fund for
NLC Superannuation pension?

a) Highly satisfied b) Satisfied c) Neutral d) Unsatisfied


15) Do you know about the benefits of annual medical assistances towards the
out patients treatment expenses and annual health insurance cover for
hospitalization/inpatient treatment?

a) Highly satisfied b) Satisfied c) Neutral d) Unsatisfied

16) Are you satisfied with the NLC Superannuation Pension and Post-Retirement
Medical Assistants benefits comparing with other Public Sector
Undertakings?

a) Highly satisfied b) Satisfied c) Neutral d) Unsatisfied

17) Are you aware about the various type of Employees Pension Scheme 1995
(like Member pension/Widow pension/Children Pension)?

a) Highly satisfied b) Satisfied c) Neutral d) Unsatisfied

18) Do you agree with the transfer of accumulation of Social Security Scheme f
und from one company to other company?

S.No Scheme Highly Satisfied Neutral Unsatisfied


satisfied
I Employees’ Provident Funds
& Miscellaneous Provisions
Act 1952
II Employees’ Pension Scheme
-1995
III NLC Superannuation
Pension Scheme
IV Post-Retirement Medical
Assistant /Post-
Retirement Medical
Insurance Scheme
19) Are you satisfied with the awareness program conducting by the
management regarding PRMA/EPS-95/NLC Superannuation pension?

a) Highly satisfied b) Satisfied c) Neutral d) Unsatisfied

20) Do you agree with the differention from the employee Annual Medical
Assistance and Insurance coverage?

a) Highly satisfied b) Satisfied c) Neutral d) Unsatisfied

21) Any suggestions you are giving to improve the performance of Social
Security Scheme in NLC India Ltd.

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