The part of your employee’s contribution that is paid to the Savings Account is not pooled with other employees’ contributions. The money in an employee’s Savings Account is that employee’s money, which gives the employee a level of control over his/her spending. Money that isn’t used in the year is carried over to the following year, and this is called Carry-over Savings. This may be used after your employee’s new yearly day-to-day benefits have been depleted. Any savings balance not used will be paid out if your employee leaves the scheme.