How do I get a pension started?

[Laurentta]

I don't really know much about pension but i feel if one works for the government, the government signs one up for pension. But if one is a business owner, he could enroll with a pension company.

 

[HayKay]

This is a massive project you're looking to embark on. You'll first need to have a minimum capital as required by your industry - you're a financial institution.
You'll also need to have a team of investors that'll help seek out profitable means of growing your clients investments legally.

 

[ganibade]

You can start pension by making an application online or proceed to their office.They remove money from your company account every month to add your own contribution to it for future benefits.

 

[joy101]

You can start planning for your pension on time if actually you work with government sector, so that when you retired them start paying you the pension.

 

[Pousinha]

Among European countries, it exists the possibility to deposit money at a local holding company, to start a private pension. Instalments can be paid on a monthly basis, yearly basis or at once. That amount generates interests, added to the final pension. But be careful: third aged can only receive their pension when they reach the age established by the government to retire. And in my former country, the government is raising retirement age each 6 months, at the point both men and women can currently retire at an age between 69 and 71 years old. At this rate, retirement age will coincide with life expectancy. Not a big deal, in this case.

 

[GoldenLady]

Most government worldwide have a pension fund for their workers so it's relatively straightforward. As a self employed person though, it's best to consult pension companies to see if they have options available for such cases.

 

[Kunkun]

Well since pensions are basically just stored up funds for future use so even if you're not employed by someone else or the government you can still save for the future by setting some money aside not to be touched

 

[tyrim88]

How the pension scheme works is that,generally in all public institution,and most private organisation,the employer would authomatically set up a pension fund for the employee,and it will be deducted on a monthly bases.

 

[frederick_9]

Pensions are primarily for people who are employed; a small amount is withheld from their wages to supplement the pension, which is partially funded by the employer.
As a businessperson, the only advice I can give you at this time is to start saving money for the future since it will support you when you're older, just like a pension.

 

[Syldan]

There are several ways to get pension started depending in the level of your income and demand for the future. planning is the first to be considered and followed by savings.

 

[Nomad]

Start saving every month. and once you have some savings, start investing in the market. you can try stock market as well as crypto market. IN the mean tine continue to build your savings and compound your invetsment

 

[eenya00]

in most countries there are regulatory bodies that are vested with the power to help individuals set up there pension funds or alternatively you can work into any bank to make enquiry.