No, the pension plan is based on a defined contribution scheme. Within this scheme, the monthly contributions are set and invested to accrue a pension capital. It’s not possible to exchange a proportion of the pensionable pay for non-cash benefits.
No, the pension plan is based on a defined contribution scheme. Within this scheme, the monthly contributions are set and invested to accrue a pension capital. It’s not possible to exchange a proportion of the pensionable pay for non-cash benefits.
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