OUR Plan

A pension plan is a retirement savings plan designed to provide financial security and income to individuals after they retire from active employment. There are various types of pension plans, each with distinct features and benefits. Here is an overview of the key aspects of pension plans:

Benefits

• Financial Security: Provides a steady income stream during retirement, helping individuals maintain their standard of living.
• Employer Responsibility:The employer is responsible for managing the plan's investments and ensuring there are enough funds to pay future benefits.
• Benefits: Guaranteed monthly income for life after retirement.
• Benefit Payouts: Options for receiving retirement benefits, which can include lump-sum payments, annuities, or periodic payments.