In accordance with the provisions of Section 4(5) of the Pension Reform Act (PRA) 2014, every
employer shall maintain a Group Life Insurance Policy (GLIP) in favour of all employees. The
GLIP should be a minimum of three times the annual total emolument of the employees. Similarly,
Section 5.5 of the Revised Guidelines on GLIP for Employees provide that the employer shall
display a copy of the GLIP certificate in a conspicuous place within its premises, for the information
of the employees and as evidence of having taken such policy……. download for details