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Employer funded retirement programme

  • Employers are obligated by law to pay 9% of your gross salary into a retirement fund
  • On an average nurses salary of $60,000, this represents a benefit of $5,400/year
  • This money will earn interest and will be available for your retirement at the age of 65.
  • If you leave return to India permanently you will be able to withdraw these funds.
  • The earnings from your retirement fund will be tax free after the age of 60

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