Pilkington Superannuation Scheme
The cost of living in retirement
You need to ensure that you will be able to afford to make the most of your retirement. Although your mortgage might be paid off by then and the kids may have flown the nest, the cost of living will be similar if you want to maintain your present lifestyle.
The cost of delay
Regardless of how far away retirement may seem it's important that you plan your finances for it now. The longer you are in the Scheme, the better your pension will be. So make sure you join sooner rather than later!
Reducing State provision
Relying on the State would probably result in you not having enough income to live on in retirement. State pensions have reduced over recent years and future legislation is unlikely to reverse this trend. Don't leave your future income to chance!
Just look at what you'd be missing out on!
Deciding not to join the Scheme would be like turning down part of your pay packet, as you'd not benefit from the significant contribution that the Company makes to the Scheme.
You'd also miss out on other benefits, like the free life insurance* and the provisions for ill health and early retirement.
* Non-members receive no life cover compared to 3 1/2 times normal salary for members.
Why not take advantage of what the Scheme has got to offer?