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What type of plan is PEPP?

pepp Plan type
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What type of plan is PEPP?

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PEPP is a defined contribution pension plan. Your contributions and your employer’s contributions, plus any return on investment, will be used to provide you with income based upon the account balance you have built, when you retire. Your account balance is the number of units you have in each fund multiplied by the current unit value for each fund.

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