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Employers and employees can pay contributions to the company pension scheme or they are borne entirely by the Employer. If the employee pays the contributions, this is known as deferred compensation. This means that you waive a part of your salary that flows into the occupational pension scheme. Since the contributions are deducted from your gross income, you save on taxes and social security.
At Horizon65 we can help you to determine if company pensions are worth it for you by using our mobile app to simulate its effect on your future taking into your existing investments and potential impact of inflation and taxation.
We regularly help our clients by comparing all the available company pension products on the market using our comparison portal or you can also directly get in touch with our experts to understand if it can be a good option for you.