Cookies help us deliver our services. By using our services, you agree to our use of cookies.
individual pension plans

Individual pension plans

Individual pension plans are part of the flexible compensation plans that employees can deduct from their payroll. If any employee wants to contract an individual pension plan you can find the best deal through Factorial. Retain talent and enhance your employer branding by offering this benefit.

Employment welfare scheme

Employment welfare plans are long-term savings programs promoted by the company itself. They are used to supplement the employee's public pensions and reduce staff turnover rates within the company. By having this benefit the employee will be less likely to change companies.

employment-welfare-scheme
tax saving companies

Tax savings for the company

For your company, offering pension plans is an efficient way to retain talent and improve the conditions of an employee without increasing their salary or incurring extra costs. In addition, as in other types of flexible pay, both company and employee can obtain interesting tax savings. These contributions made by the company are considered a tax deductible expense.

Tax benefits for the employee

Employees also get tax breaks. When this amount is received as in kind retribution , the total salary is fiscally lowered and deductions are also applied. The result is that the employee pays less tax for receiving the same amount of money on a monthly basis.

tax benefits employee

Do you want to offer pension plans?

We can manage everything for you. Free and without commitment. Schedule a date to talk with us on the phone or contact us.

Sign up for free

Save time managing your company and employees.

Sign up for free

Save time managing your company and employees.

Pension plans
Benefits for employees
Individual pension plans
Tax savings
Tax benefits
HR benefits