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  Get A Businesses Advisor in Cork To Fulfil Your Employer Obligations for Offering Company Pension Plans   Are you a business owner who is looking to set up a Company Pension Plan for your employees? Here are some insights for you!   Employers establish Company Pension Plans, also known as Occupational Pension Plans, to support Irish employees for saving a generous amount of money for retirement. Generally, the pension premium is paid by deducting a nominal amount from the employee's salary before it is credited. Whilst the employer may also contribute additional funds, and for doing so, they can also get tax relief from the Irish Government.   When an individual decides to leave the company, an effective workplace pension supports greater financial freedom. The pension plan can be tracked and maintained by ex-employees at their own expense and responsibility.   Irish companies do not have any legal obligation as such to provide a pension plan to their staff. Em

  When it is about time to plan your life after retirement, make a conscious decision with personalised financial advice and complete insights for all your queries. Here are some insights provided by a leading pensions planner in Cork City to get you started with pension planning for you and your spouse.     How Pensions Work In Ireland   A pension is a funding system offered by organisations to their employers and directors. It involves depositing a percentage of the salary or shares in the fund throughout the working years of the employee. The deposits mature into a lump sum amount over a certain period. Once the employee reaches retirement age, they can choose between taking up the entire amount at once or going for annuity payment. With an annuity payment, you will receive a salary-like monthly payment for the rest of your life.   If you are not employed by a company that provides pensions, you will be unable to obtain one on your own.   Nowadays, even small