You are viewing content for
Not you?
Your Pension
Overview of sections
Your pension builds up differently depending on which section of the Fund you’re in.
DC Start and DC Core
In DC Start and DC Core, you and Nestlé pay a percentage of your salary into your account and it is invested to help it grow. You can then choose how to use the money in your account when you retire. This type of benefit is known as defined contribution (DC).
See Contributions from you and Nestlé for more information about how much you can pay, and what your options are.
Whichever section you’re in, you’ll also receive benefits if you become too ill to work and your dependants could receive benefits after you die.
Contributions from you and Nestlé
In DC Core
You pay between 5% and 8% of your pensionable earnings (your base salary and things such as overtime and shift allowances) into an account.
Nestlé pays 1.5 times your contributions into your account.
You can choose how to invest your account from a range of investment options, with the aim of growing its value.
When you reach retirement, you can choose how to use the money in your account.
To find out how you can take your benefits at retirement, see ‘Approaching retirement’.