BEHAVIOUR OF PENSION FUND AND POSSIBLE DEVIATION FROM THE EXPECTED BEHAVIOUR – A STUDY ON RETIRED EMPLOYEES OF MANUFACTURING SECTOR, MYSURU

The Indian subcontinent is known for its population and at present is one of the countries having maximum number of youngsters. This also indicates an increase in old age population. Meeting the needs of the old age has also been a matter of challenge to the government. Both public sector and private sector, financial and non-financial organization concentrate on pension planning. In recent days the importance given to pension planning is increasing. Though there are schemes that promises old age security, the effectiveness of such schemes is not evident. This paper focuses on study of effectiveness of pension schemes opted by selected retired employees of private manufacturing sector. The main objectives of the study is to understand the behavior of pension fund and possible deviation from the expected behavior. The sample where selected from retired employees of private manufacturing sectors in Mysore district. The data was collected through scheduled questionnaire and telephone interview