The Private Pension System (BES) is a long-term savings and investment system supported by government contributions, enabling you to build regular savings for your retirement years. With BES, your contributions are invested and grown by expert portfolio managers across various investment funds throughout your working life. You earn the right to retire by staying in the system for at least 10 years and reaching the age of 56. AXA Life and Pension and Allianz Life and Pension offer BES plans that include government contributions, wide fund diversity, flexible payment options, professional fund management, and digital transaction convenience. You can make your contributions monthly, quarterly, semi-annually, or annually, and pause payments whenever you wish.
