A smarter, tax-efficient workplace pension for Malta-based teams.
Empowering Malta-based employers and their teams with a flexible, tax-efficient retirement plan.
Why HR teams choose Worksave Pensions
Because managing workplace pensions should be simple, secure, and stress-free.
25% tax credit for employees
You can get up to up to €750 tax credits back each year.
Separate tax credit
There is a separate 25% tax credit for employers (up to €750 per employee).
Simple monthly admin
Simple monthly admin with templates and support.
Professionally managed
Explore professionally managed investment options.
How it works
A straightforward, three-step process to get your team’s pension plan up and running.
STEP 1
Set up your scheme
Share company details, signatories and KYC to get started.
STEP 2
Enrol employees
Invite staff and select a default investment option for new joiners.
STEP 3
Contribute monthly
Submit updates and fund contributions each month.
How it benefits employees
Empowering your people with financial security, savings growth, and peace of mind.
25% tax credit
There is only a 25% tax credit on personal contributions (up to €750/year).
Contributions via payroll
Additionally, the amounts can be adjusted (typical cut off: mid-month).
Flexibility to switch
Default investment option for the first 12 months, with flexibility to switch later.
No bid or offer spread
No bid/offer spread within the scheme. Units are priced at market value.
Benefits from age 61 to 70
Access benefits between ages 61–70; up to 30% as a tax-free lump sum, remainder taxable as income
How it benefits employers
Build a stronger workforce while simplifying your company’s pension management.
25% tax credit
Receive a 25% tax credit on employer contributions (up to €750 per employee/year).
Flexible contribution designs
Matching, fixed top-ups, %-based, or tiered by role/grade.
Fully deductible business expense
For personal contributions of up to €750 each year.
Laferla’s support
Access to straightforward monthly administration with Laferla’s support.
Key information you should know
Key details to help you make informed decisions.
Investments can go down as well as up. You may get back less than you invest.
Money isn’t accessible before the selected retirement date.
Tax treatment depends on individual circumstances and may change.Consider professional advice.
Download the full guides
Access all the materials to get started with Workplace Pension Scheme.
