Employers may provide retirement plans that pay retirees a specified amount, based on the individual's salary and on the number of years of employment. Called defined benefit plans, these pensions may ...

Your Final Salary Pension is calculated from the salary you were being paid by Which? when you left the Scheme (1) and your length of service in the Scheme. The calculation works out the pension to be ...

Getting ready for retirement requires evaluation of all your sources of retirement income. Even if you worked for the government and didn’t pay the FICA tax on your earnings, you may be eligible for ...

For employees planning their retirement, understanding the Employee Pension Scheme (EPS) is vital. Managed by the Employees' Provident Fund Organisation (EPFO), EPS offers a stable monthly pension ...