Putting aside some amount from your earning is quite important as in most of the cases provision of the state pension really does not go well for the employees. Still it is seen that to most of the people, pensions seem to be something to think about afterwards. But this is indeed not a practical approach and may give you trouble at a later date. While discussing about company pension, it is necessary to have a clear idea regarding corporate pension plan. This plan is basically an arrangement between an organization and its employees through which the retired employees are provided with a specific amount of fund.