Start saving today, live freely in retirement
BES allows you to save throughout your working life in order to provide additional income during retirement. A 20% government contribution is added to your savings. Participants invest their savings in funds and have the right to change funds up to 12 times a year. To qualify for retirement, you must remain in the system for 10 years and reach the age of 56.
Participant Rights:
Participants have the right to direct their contributions to funds of their choice and to change funds. If they leave the system early, a deduction is applied to their savings. After retirement, they can choose one of the following options: lump-sum payment, programmed withdrawal, or an annuity.
Higher savings with a 20% government contribution
The right to change funds up to 12 times a year
Flexible retirement payout options
