Pension Fund to Help Your Retirement

For those of you who have worked so many years to finally reach retirement age, then you will be advised to immediately retire. But retirement does not mean you will no longer work for your family. Because when you have retired, you will get the right to pensions, pay and severance pay that you will receive. With money you can get after you retire, you will still be able to provide for your family.

Retirement is when someone who already does not work anymore because of advanced age or of his own volition, so it should be dismissed from his job. But before retiring, should we know about what is actually meant by the pension fund, pension, and other types of pensions offered so that we know and understand the process and its benefits are real.

Pension fund

Pension fund is a legal entity that manages and runs the program that promised pension benefits. The meaning here is the payment of retirement benefits paid to workers periodic pension recipients at the time of retirement age and the manner set out in the regulation of pension funds. Legal entity is certainly aims to help workers who have retired.

Types of Pensions

In the process of implementation of the pension recipient can choose one of several types of pensions offered by the agency or company to see the circumstances that occurred in the pension recipients. The types of pension are:

> Normal Pensions in: Pensions in is given to employees who have reached retirement age established by the company. For the Indonesian region the average retirement age is 55 years and 60 years in certain professions.

> Accelerated pension: Retirement is done if the company wants the reduction of employees at the company. 

> Delayed Pensions in: That retirement requested by the employee even though he had not yet reached retirement age. Although the employee has stopped working before reaching the age of retirement, his pension money in the company where he works will come out at the time the employee has entered the age of retirement.

> Disability Pensions in: Pensions in given to employees who have an accident that is considered incapable of employed again as before, while the retirement age has not fulfilled.