You could have more than one pension ,because many usually have more than one job and they earn the amount they are willing to earn at the end of their retirement , it's possible
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I think it is very much possible. My father who retired from the government receive a monthly pension.Is it possible to have more than one pension for one person? I don't know if it would be possible, but if it is, do you think it'd be a good idea to have more than one pension?
Yes most people used to have more than one pension fly if you have work for the Federal government and also work for the state government with this they will have a state pension and also a Federal government pension.I think it is very much possible. My father who retired from the government receive a monthly pension.
If he has purchased a pension plan from an insurance business, I believe he will also be receiving another pension.
We need to understand what pension is first before thinking if it will be possible or not. Pension is money paid to a retired person by the Institution he worked for. So it is basically one source of pension.Is it possible to have more than one pension for one person? I don't know if it would be possible, but if it is, do you think it'd be a good idea to have more than one pension?
You are only entitled to one pension fund in your workplace but one can have a private pension funds with other private firms like axa mansard or have personal savings for retirement.
Yes it is possible for a retiree to have double pension he or she can have a state pension and also a federal pension when we worked with the state and also with the Federal government.You are only entitled to one pension fund in your workplace but one can have a private pension funds with other private firms like axa mansard or have personal savings for retirement.
Is it possible to work with state and federal government at the same time? I don't think so since it's the same government bodyYes it is possible for a retiree to have double pension he or she can have a state pension and also a federal pension when we worked with the state and also with the Federal government.
It is an excellent opportunity for people in your country, as long as they have both jobs they can get the double pension. In my country this has been working for a long time, with their double jobs they benefit from their government and private pension.In my country, government workers are the one that are guaranteed of having pension. It is until lately that some big private companies also start including it. So a person can have a private pension scheme as well as have with government
Very accurate your comment @Kelly5, they cannot receive two pensions from the government entity. The one who really wants to receive more than one pension must be through the government and a private company.Yes it is practically possible to have more than one pension. But it not possible to be drawing pensions from the same government body at the same time. But you can draw a pension from private sector and at the same time from the public sector