Your company Pension Plan is a way to save so you have money to live on when you’re older. You and your employer pay into the Plan. Then, when you retire, you get a regular income for life, as well as a tax-free lump sum. There are other benefits if you fall ill or die.
For a breakdown of your benefits, take a look at your benefit illustration. Watch the 'How to find the most important information in your benefit illustration' video to find out more.