At retirement, your usual income will stop, but many of your expenditures won't. You cannot depend solely on the basic pension from the government. Our pension schemes aim to help you meet some of the day-to-day costs of living and still have some left for the finer things in life. You also have security for your family and in case you fall ill before retirement.
The pension you get will depend on how long you have been in the Scheme and your earnings or what you pay in. So, whatever your plans for retirement, start early. Do not leave saving for your future to the future.
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