As a business owner, you can offer insurance and retirement benefits that can make a difference for both your employees and your business. A thoroughly-planned retirement is often a more enjoyable retirement.Any business of any size can set up one of these types of retirement plans, including a self-employed business owner. The Board of Pensions and Retirement manages the assets of the City's pension fund, ensuring there is enough money to pay out to those who have earned benefits. This. System provides you, the career City employee, with a monthly retirement income for life in addition to Social. SBN's 401K plans allow you and your employees to put money into funds that invest capital back into our local economy.