Pension Plans and Retirement Savings Insurance offers you various possibilities and are specially designed to guarantee your well-being for when you retire.
The Pension Plans are configured as voluntary and free pension instruments, with the provision of a private nature that may or may not be a complement to the Social Security system, which in no case substitutes.
The Pension Plan is contractually enforced as an effective formula for the constitution of savings that will be translated, in the long term (usually retirement), into economic law by the person to which it is constituted in its favor, to the perception of income or capital for retirement, disability, death, severe dependency or dependency.
The Pension Fund is the one that channels this savings. It constitutes a separate and independent patrimony, lacking legal personality, in which the different assigned pension plans are integrated.