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Superannuation is a long-term retirement savings arrangement where both employers and employees contribute to a fund that provides regular income during retirement. Learn about the key features, types, and benefits of superannuation plans in India and how to use a pension calculator to estimate your payouts. A superannuation plan is a type of retirement benefit scheme provided by employers to their employees. Learn more about its definition , benefits and investment strategies. What is Superannuation Benefit? The dictionary meaning of the word ‘superannuation’ or ‘superannuate’ is to become retired, to retire because of age or infirmity. A superannuation benefit is a retirement benefit offered by employers to their employees. Superannuation is an organisational pension program created by a company for the benefit of its employees. It is also referred to as a company pension plan. Types of Superannuation Benefit Superannuation benefit is classified into the ... Superannuation is a retirement pension scheme that employers contribute to for their employees. Learn how superannuation works, its types of annuity options, its classification and its tax benefits in India.