Help & Advice

When does the private pension agreement go into effect?

The pension agreement goes into effect as of the date the contribution payment or the entry fee is transfered to the company accounts. The effective date specified in the initial pension agreement is considered as your enrollment date in the Private Pension System.

  1. Can I change the pension company?

    Yes. If you are not happy with the pension plan you have chosen and the return generated through the pension investment funds, you may change your pension company whenever you wish after your 1 year is up with the pension company which you have entered into an agreement or 1 year after your last change of company.

  2. How does the system work?

    To enroll in the Private Pension System, you may enter into an agreement with any pension company you wish.

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