Invest in a Pension Plan & Secure Your Retirement Well-being Financially - PowerPoint PPT Presentation

View by Category
About This Presentation
Title:

Invest in a Pension Plan & Secure Your Retirement Well-being Financially

Description:

Employee and employer contribution pension plans along with an option of additional contributions per month according to Cayman Islands Pensions law. Enrol Now! Know more : – PowerPoint PPT presentation

Number of Views:6

less

Write a Comment
User Comments (0)
Transcript and Presenter's Notes

Title: Invest in a Pension Plan & Secure Your Retirement Well-being Financially


1
YOUR FINANCIAL WELL-BEING IS SECURE WITH US
2
About Silver Thatch Pensions
Silver Thatch Pensions was established in 1997 to
meet the requirements of that new legislation.
Today, Silver Thatch Pensions is one of the
largest pension providers in the Cayman Islands.
3
Your Contributions
You and your employer are required to contribute
an amount that, when combined, equals 10 of your
earnings (up to the annual maximum pensionable
earnings of CI87,000 a year). Your employers
share must equal at least 5 of your earnings. If
your employer contributes more than 5, your
share of the total 10 contribution will be
reduced accordingly.
These contributions referred to as your basic
contributions are deposited in a member account
set up in your name. Your employer should make
the contributions on your behalf once each month.
Read More
4
Your Rights
From the 1st June 1998, every person aged 18 to
60 years who is a member of a defined
contribution pension plan must contribute to that
plan. This is a requirement of the National
Pensions Law (2000 Revision) and by subsequent
regulation (the Pensions Law).
The contributions are related to total earnings,
which include salaries, wages, leave pay, fees,
commissions or gratuities, as well as bonus
payments that exceed 20 of basic pay. There is
an upper limit to earnings specified under the
Pensions Law for this purpose this limit or cap
is CI60,000.
Read More
5
Contact Us
Client Services Agent Saxon Pension Services 14
Saxon Centre P.O. Box 31694 14 Saturn Close,
Eastern Avenue Grand Cayman KY1-1207 Cayman
Islands Telephone 1 (345) 943-7770 Fax 1
(345) 943-7771
Investment Managers Deutsche Bank (Cayman)
Ltd Boundary Hall, Cricket Square 171 Elgin
Avenue PO Box 1984 Grand Cayman KY1-1104 Call
1 345 949 8244 Fax 1 345 949 8178
Plan Administrators Intertrust (Cayman)
Limited 190 Elgin Avenue, George Town, Grand
Cayman KY1-9005, Cayman Islands Telephone 1
(345) 943 3100 Fax 1 (345) 945 4757
About PowerShow.com