Start saving today, live free in your retirement.
The Individual Pension System allows you to save during your working life to provide additional income during retirement. A 30% government contribution is added to your savings. Participants can invest their savings in funds and have the right to change funds up to 12 times a year. To qualify for retirement, participants must stay in the system for 10 years and reach the age of 56.
Participant Rights:
Participants have the right to direct their contributions to any fund and change funds as they wish. If participants leave the system early, a deduction will be made from their savings. After retirement, participants can choose from lump-sum payment, scheduled payment, or annuity options.
High savings with a 30% government contribution
Right to change funds 12 times a year
Flexible retirement payment options
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