Group Pension scheme is put in place in order to build up savings for the staff at a retirement age. It is usually a very powerful tool for staff retention as the scheme can be designed in such a way that the investment amount increases over the years and exit conditions do not allow staff to benefit from this amount of money after leaving the company.
The money could be paid at retirement age or earlier as decided by the company at the beginning of this plan.
- Employee Benefits
- Property insurances
- Liability insurances