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Old 25th Oct 2014, 05:02
  #61 (permalink)  
helen-damnation
 
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Widebody

In basic terms, it's worth 5% mandatory deduction of your basic salary plus 12% company contribution. After 10 years service the company contribution increases to 15%.

There is a reduced rate option of 2.5% and 7% respectively but I don't know the details.

Overall value depends on all the usual things, fund choice, market performance etc.

If you leave before 7 years service, expect some fairly hefty deductions to the total.

H-D

Last edited by helen-damnation; 25th Oct 2014 at 05:24.
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