this post was submitted on 22 Jan 2025
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[โ€“] johannes@lemmy.jhjacobs.nl 2 points 3 days ago (1 children)

Our company doesnt "meddle" in staff's pensions. The idea is that i know better what fits me then my boss does.

Next Monday i have talks about my pension, so i can tell you then ;-)

[โ€“] Vincent@feddit.nl 2 points 2 days ago (1 children)

Ha, does that mean they simply don't give you a pension? Or is it the case that you pick one and they handle it?

But yeah, sounds like it's specific to your company, unfortunately.

[โ€“] johannes@lemmy.jhjacobs.nl 1 points 2 days ago (1 children)

No it means the money for my pension is added to my salary. Same goes for ehh... "Holiday money". Normally the company saves a small part of your salary to pay out once a year. Usually end May i believe.

So in my case, my monthly income is much higher, but it means i have to save it myself. Same goes for my pension. Instead of my employer paying the pension funds, i have to do it myself.

[โ€“] Vincent@feddit.nl 2 points 20 hours ago (1 children)

Ha I mean, that situation is indistinguishable from one where you don't get a pension and your salary is the same, but sure :P

You do miss out on the tax benefits that employer-provided pensions give you, but in many cases that's a fine trade-off.

Still, the actual point I wanted to make (but didn't) stands: most of us can't really switch our pension funds, which is a bit of a shame, because it means we can't "vote with our wallet" for a pretty significant chunk of our wallet :( If my pension fund decides to invest in cluster bombs, I'm investing in cluster bombs...

[โ€“] johannes@lemmy.jhjacobs.nl 2 points 18 hours ago

Thats exactly why i dont have employer based pension funds. Because i prefer not to invest in bombs, but maybe my collegue wants to.

Its the first time i work for a company that works this way so its all new and exciting still :)