If you are a salaried employee in the private sector, and your employer has a collective agreement, you are entitled to a retirement pension from ITP occupational pension. Your employer pays a premium for your retirement pension every month. You can make a few choices for this pension:
- How and by whom the whole pension, or a part of it (depending on whether you have ITP 1or ITP 2), should be invested.
- If you want to add cover for your family, in the event of your death.
- To have your pension paid for life or over a shorter period.