Purchasing

Purchasing pension fund benefits

Avoiding pension gaps

Whether your salary increases, you enroll in a pension fund after reaching age 25, or you take time off to care for children, your savings with your occupational benefits insurance may be reduced as a result. You can, however, close a pension gap and improve your coverage by purchasing additional benefits.

Your advantages

-Close pension gaps
-Improve retirement benefits
-Tax savings

How do pension gaps come about?

The maximum amount that you could have in retirement assets is generally higher than the amount that you actually do have because the savings contributions you have been paying into your pension fund since age 25 have been based on a lower salary or may be missing altogether if you took time off from work. Gaps may also arise when you change from part-time to full-time employment, if your pension fund improves the plan, or if you change your job.
Purchasing additional benefits allows you to make up the difference between the actual and potential retirement assets, which means that you avoid the prospect of lower benefits on retirement.