Do you think the government can pass a law stating that any company or establishment that meets a certain industry standard must create pension schemes for their employees who are going to work with them for say a minimum of 10years. Do you think that is feasible. I think what the private companies will do is to just sack their employees before they reach that time period. Perhaps it is possible for the government to make sure that all companies have a compulsory pension schemes for their workers???.
Do you think the government can pass a law stating that any company or establishment that meets a certain industry standard must create pension schemes for their employees who are going to work with them for say a minimum of 10years. Do you think that is feasible. I think what the private companies will do is to just sack their employees before they reach that time period. Perhaps it is possible for the government to make sure that all companies have a compulsory pension schemes for their workers???.
When you pay into a workplace pension, your employer and the government also contribute. The amount paid depends on your employer’s pension scheme and your earnings, but minimum contribution rates are set. Find out how much this could be and how to get an estimate of your pension fund