Document Type : Primary Research paper
Assistant Professor, S.I.V.E.T. College, Gowrivakkam. Chennai – 600073
Assistant Professor, S.I.V.E.T. College, Gowrivakkam. Chennai – 73
Pension can be defined as a payment made monthly to the public servants who have completed their service. The reform in the system of pensions is increasingly forcing employees and retirees to become more responsible for de-accumulating, saving, and investing wealth but, formerly, more established staff relied essentially on Social Security and defined benefit retirement plans funded by the manager. The current study aims to investigate the attitude of young employees towards Private Pension Plan Investments in the Kancheepuram District. Further, it aims to analyze the socio-economic determinants of Private Sector Employees and the attitude of Young Employees towards Private Pension Schemes. Additionally, the study assesses the factors influencing Young Employee’s action towards investment for pension planning and examines the benefits and problems of Private Sector plans for the young private-sector employees in Kancheepuram.