What’s superannuation in the Ctc in Citi ?

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It is kind of retiral benefit scheme but what HR told me is, not to opt for this when you join.
This total amount will be received in every monthly salary like as fixed component.

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yes good idea

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Hi Fishes,

I have been selected at citi bank.

Yoe - 5.7 years,
Cctc - 17.85 lakh fixed
What should be expected ctc for c11 position?? And what is c11 position??

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I recently joined citi. I have been given choice for to select superannuation as 13% of BS or 12500/- monthly or zero.

This is one time selection and not reversible.

I am already investing 1.5 lakh in 80C through SIP and EPF.

I need more detail about superannuation and is it beneficial or not?

Also is there any retirement age in IT field 🤔 (or in citi)?

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