Corporate Pension Programs

The corporate pension program is a complex of measures developed individually for every company considering its needs, capabilities and individual characteristics, and allowing to combine the modern social policy, effective financial and personnel management, as well as tax optimization.

Corporate retirement program development includes:

• Defining terms of private retirement system
• Development of internal regulations prescribing the conditions and procedures of private pensions payments
• Integration of the pension system into the “social package” and the compensation plan

To define the main conditions of the program, the employer has to answer the following questions:

• Employees covered by the program (all employees, top-managers only, separate subdivisions etc.)
• Need for subprograms for various categories of employees
• The amount of additional pension
• Terms and conditions of the corporate plan

Development of the program should take into account as follows:

• Number of employees
• Age structure of the personnel
• Industrial and regional characteristics (including the ones entitling certain groups of employees for early retirement)
• Income level in the industry, region
• Financial position of the company: current and long-term

 European Pension Fund professionals have a unique experience in the area of development and implementation of corporate retirement programs.