Updates from the Department of Labour & Pensions
The Department of Labour & Pensions advised the public of important updates to the National Pensions (Amendment) Act, 2016. Please see...
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- Mar 20
- 1 min
Updates from the Department of Labour & Pensions
The Department of Labour & Pensions advised the public of important updates to the National Pensions (Amendment) Act, 2016. Please see...
- Jan 12
- 1 min
Interested in Becoming a Volunteer Trustee?
The Board of Trustees at the Chamber Pension Plan is ultimately responsible for the management and administration of the Plan. They take...
- Oct 13, 2022
- 1 min
Why do women have half the pension of men? A report from the UK
It’s a sobering fact that in the UK, women aged between 65 and 74 years old will have saved half as much money for retirement as men the...
- Oct 13, 2022
- 1 min
How to talk to your children about pensions and retirement
For children and teenagers, saving for retirement is a tricky concept – after all, they’re not even on the career ladder yet, so the idea...
- Aug 17, 2022
- 1 min
Cayman Islands Life Expectancy
The Compendium of Statistics released in 2013 by the Economics and Statistics Office of the Cayman Islands shows that the country’s Life...
- Jul 13, 2022
- 1 min
This is what women could do to overcome the retirement savings shortfall.
The gender wage gap has remained remarkably stubborn for decades and, inevitably, becomes a significant shortfall at retirement. In 2020,...
- Mar 10, 2022
- 1 min
We have a new Administrator's Agent
If you have any queries, we're here to help! Please contact our Plan Management Team Unit 4-107 Governor's Square. West Bay Road. P.O....
- Jan 26, 2022
- 2 min
FAQs: Change of Administrator's Agent
Chamber Pension Plan Announces New Administrator’s Agent Check out our press release. Is the Chamber Pension Plan merging with Silver...
- Jan 21, 2022
- 1 min
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...
- Sep 11, 2021
- 2 min
How to use pension benefits to attract and retain talent
Over the years, employees’ desires and demands have evolved. If you are an employer or an HR manager, you are more than likely bombarded...
- Sep 11, 2021
- 3 min
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 1, 2021
- 5 min
What to expect when you retire
How do you feel about the idea of retirement? Some people long for it their whole careers, putting all of their lifelong dreams on hold...
- Aug 17, 2021
- 2 min
How much money will I need when I retire?
Ensuring that you have enough money saved in your pension and other savings accounts to live comfortably when you retire is not a...
- Aug 10, 2021
- 2 min
How your pension plan’s expense ratio impacts your funds
At the most basic level, an expense ratio affects how much money you get back after all costs to run the pension plan are calculated and...
- Aug 4, 2021
- 3 min
Don’t make these 5 retirement planning mistakes
Most of us look forward to our retirement, imagining that we'll get to relax more, stress less, and tick off each and every one of our...
- Jul 21, 2021
- 2 min
Who gets my pension if I die?
In the event of your death, your pension will go to your spouse, your dependent children, or your named beneficiaries. How and when your...
- Jul 12, 2021
- 2 min
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...
- Jun 17, 2021
- 1 min
How can I withdraw money from my pension?
Your pension is for your retirement, but there may be times when you need to partially or fully withdraw it. Perhaps you are leaving...
- Jun 2, 2021
- 2 min
Is my employer paying into my pension?
Under the National Pensions Act, every employer in the Cayman Islands shall provide a pension plan for every person employed by him/her....
- May 17, 2021
- 2 min
Money left at the end of the month? Why not invest in your pension fund?
It can be difficult to save money in an economic environment like the Cayman Islands. The cost of living and unexpected expenses can...
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