Monday, June 16, 2008

Geojit inks pact with UTI Mutual Fund; to offer Retirement Solutions

Geojit Financial Services has informed that it has entered into an agreement with UTI Mutual Fund. Under the deal, Geojit Financial Services will offer UTI Retirement Benefit Pension Fund to its employees as a retirement solution.

As per the agreement, every month employees will contribute a minimum amount of Rs 500/- towards

UTI-Retirement Benefit Pension Fund up to the age of 55 years so as to enable them to receive pension in the form of periodical income / cashflow after they reach the age of 58 years.

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