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DLP Announces Increase to Annual RSA Payments Effective 1 July 2026

The Department of Labour & Pensions has issued updated guidance confirming an increase to the maximum annual withdrawal amount for Retirement Savings Arrangement (RSA) accounts, effective 1 July 2026. Under the updated guidance, the maximum RSA pay-out will increase by 5.2%, moving from CI$15,400 to CI$16,200 per year. This is equivalent to CI$1,350 per month. An RSA is one of the ways eligible retired members may access their pension benefit. The maximum amount a member may

Jun 262 min read

August NAVs Available

The Net Asset Value (NAV) of the Chamber Pension Plan funds as of 31 August 2022 is as follows: Related articles:...

Sep 20, 20221 min read

Chamber Pensions - Market Performance

You may be aware of the current financial market volatility due to global macroeconomic conditions and are wondering how the Chamber...

Jul 21, 20221 min read

Pension Holiday extended to 30 September

Today, Cabinet decided to extend the pensions holiday until the 30th of September 2022. Cabinet’s decision to extend the temporary...

Jun 24, 20222 min read

Pension Holiday Gets Final Extension

By way of Cabinet Order, in accordance with section 13 of the National Pensions (Amendment) Act 2020, the national pension holiday has...

Mar 16, 20222 min read

December NAVs Available

The Net Asset Value (NAV) of the Chamber Pension Plan funds as at 31 December 2021 are as follows: How do we determine the value of your...

Jan 21, 20221 min read

Pension Holiday Period Extended to March 2022

As the Cayman Islands Government continues its COVID-19 recovery plan, a Cabinet Order, in accordance with section 1( 3 ) of the National...

Nov 25, 20211 min read

2021 Annual General Meeting Notice

The Board of Trustees of the Chamber Pension Plan invites our Members to attend the Annual General Meeting ("AGM") on 1 December 2021 at...

Oct 20, 20211 min read

Are you retired? Here is everything you need to know

We all want financial security for ourselves and our families. After all, it is associated with higher levels of happiness and lower...

Oct 1, 20213 min read

Get ahead with smart financial planning

We all want financial security for ourselves and our families. After all, it is associated with higher levels of happiness and lower...

Sep 11, 20213 min read

Short term saving gives long term benefits

As pension plan providers, we always encourage people to think about starting their plans for retirement as soon as possible because the...

Jul 12, 20212 min read

Pension 101

Your Contributions If you are employed in the Cayman Islands, both you and your employer must contribute towards your pension. The...

May 4, 20213 min read

Additional Voluntary Contributions

he member should apply directly to their pension plan administrator and there is no need for the application to be submitted

Apr 30, 20212 min read

About Your Retirement

People are generally living longer, healthier lives than in the past, which means if you retire at age 65, you may spend more than 25...

Apr 30, 20214 min read

How to read your member statement

You can check your Chamber Pension Plan statement online at any time: just enter your user name and password on the Membership Log-In...

Apr 30, 20212 min read