BGRS

BGRS (Base Group Retirement System) is a pension plan that provides retirement benefits to eligible employees, typically within a specific organization or group. It pools contributions from employees and sometimes employers, investing these funds over time to grow a retirement savings fund. When employees retire, they receive regular payments based on their years of service and salary history. BGRS helps ensure employees have financial security after retirement by managing and investing these contributions responsibly. It is a structured system designed to support long-term financial planning for employees’ post-work lives.