Corporate Pension Plan
Retirement provision as part of your workplace wellbeing strategy
As a complement to health and accident protection, supplementary retirement provision through the company is another pillar of your team's wellbeing. With a well-designed pension plan, you offer your employees financial security for the future and strengthen your value proposition as an employer.
Benefits of this insurance
Combines naturally with corporate health insurance and group accident insurance within a broader employee benefits strategy.
Contributions can benefit from tax and social security advantages for both the company and the staff.
Available for both small businesses and larger organizations, with scalable solutions.
A retirement provision benefit is increasingly valued by employees when choosing and staying with a company.
What is covered
Regular contributions to retirement provision
Allows regular contributions, funded by the company, the employee, or both, allocated toward retirement.
Supplementary retirement benefit
Offers an additional financial benefit on top of the state pension at retirement.
Additional protection in case of disability
Depending on the plan design, it may include an additional benefit in the event of disability before retirement.
Portability when changing employer
In many cases, accrued rights can be retained or transferred if the employee changes companies.
What is not covered
Replacement of the state pension
This scheme complements, but does not replace, the mandatory state pension.
Free withdrawal at any time
As with any retirement provision product, early access to the capital is usually restricted to certain cases.
Real claim examples
Employee retirement
After years of contributions, an employee receives a monthly income supplementing her public pension upon retirement.
Disability before retirement
An employee becomes incapacitated before retiring; the plan may provide an additional benefit as agreed.
Frequently asked questions
How does it differ from an individual pension plan?
Because it is organized through the company, it usually benefits from more favorable collective terms and tax and contribution savings that are not available under a purely individual plan.
Who can join this scheme?
Generally, all employees of the company that decides to implement it, regardless of tenure, although the specific conditions depend on the plan design.
Can I combine it with other company benefits?
Yes, it integrates well with corporate health insurance and group accident insurance, forming a more complete wellbeing package.
What happens if I change jobs?
Depending on the type of plan, accrued rights can be retained, transferred to a new employer, or continued privately.
Want to add retirement provision to your company benefits?
Tell us your team size and what other benefits you offer, and we will help you design the right scheme.
Request free advice