How much money will I (Employee) receive at the end of my contribution?

Category: Tier 2

Tiers 2 Occupational Pension Scheme is a Defined Contribution scheme in which members contribute a specific amount to earn a benefit of the total amount contributed, plus any other returns accrued within the contribution period. Due to how funds are managed, it is unlikely to promise a specific return on the funds, but the investment policy provides the fund managers with benchmarks to work with for profitable returns.