PENSION SCHEMES FOR BUSINESSES
Workplace Pension Schemes
A scheme tailored to your workforce
Support the future wellbeing of your employees
Offering a Workplace Pension Scheme is a simple and effective way to encourage long-term savings among your workforce and reinforces your company’s commitment to their complementary social protection.
Through employer contributions and, where applicable, employee contributions — mandatory or voluntary, as established in the scheme specifications and current regulations — this system allows savings to be accumulated to supplement the state pension at the time of retirement.
In addition, introducing workplace pension schemes strengthens your organisation’s value proposition and its commitment to the long-term financial wellbeing of your team.
Benefits
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Offering this benefit can help improve employee satisfaction and commitment, which in turn helps your company retain talent.
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Contributions may provide tax advantages for both the company and the employee, in accordance with current regulations.
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It facilitates long-term financial planning by complementing the state pension.
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It reinforces the company’s reputation as an organisation committed to the wellbeing of its workforce.
Coverage
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Retirement: This is the main cover; it allows the employee to access the accumulated savings upon reaching retirement age.
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Work incapacity: In the event of permanent incapacity, whether total or absolute, the member may access the funds early, as provided in the scheme specifications and current regulations.
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Death: In the event of death, the designated beneficiaries or legal heirs may receive the accumulated capital.
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Severe disability: Allows access to benefits in situations of severe dependency or great dependency legally recognised.
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What’s a workplace pension scheme?
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Who can take part in a workplace pension scheme?
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How much can be contributed to a workplace pension scheme?
