pension rights

Pension rights refer to the entitlements you earn from your employment that provide you with income after retirement. They are built through contributions made by you, your employer, or both, during your working years. The amount you receive depends on factors like your earnings, how long you worked, and the pension scheme’s rules. These rights are secured by law and can include state pensions, occupational pensions, or personal pensions. Essentially, pension rights ensure you have financial support when you stop working, helping maintain your standard of living in retirement.