If you change your employer, in most cases you can take the pension you have accrued with you to your new pension administrator.

If you want to compare your pension plan, click through to the pension comparison tool. 

Mars pays the contribution for the ARP plan. You decide the amount of your voluntary employee contribution to the ASP plan. You can arrange this in MyMarsPension.

The contributions for the ARP/ASP plan are invested. The Mars Pension Fund invests the contributions in the ARP plan for you. You can choose how the contributions in the ASP plan are invested.

When you retire, you use the capital accrued in the ARP/ASP plan to purchase a retirement pension and possibly a partner's pension. You make the final decision for a fixed or a variable pension on your retirement date.

The standard retirement age at our pension fund is 68 years. If you wish to retire earlier or later, you must apply for this to us no less than six months before your desired retirement date. Discuss this with your employer.

You can also take partial early retirement. This has to be in proportion to your working hours. For example, if you continue to work for 60% of your normal hours, you can have 40% of your pension come into payment. Once your part-time pension has come into payment, you can no longer reduce this. Partial retirement will terminate on your retirement date.

If you wish to take a higher pension initially and a lower one later, or the other way around, you can make this decision when you retire.

If you wish to view all the options, go to Layer 2 of your Pension 1-2-3.