6 days ago2 minPension Holiday extended to 30 SeptemberToday, Cabinet decided to extend the pensions holiday until the 30th of September 2022. Cabinet’s decision to extend the temporary...
Mar 101 minWe have a new Administrator's AgentIf 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 272 minFAQs: Change of Administrator's AgentChamber Pension Plan Announces New Administrator’s Agent Check out our press release. Is the Chamber Pension Plan merging with Silver...
Jan 211 minDecember NAVs AvailableThe 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, 20212 minHow to use pension benefits to attract and retain talentOver 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, 20213 minGet ahead with smart financial planningWe all want financial security for ourselves and our families. After all, it is associated with higher levels of happiness and lower...
Sep 1, 20215 minWhat to expect when you retireHow 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, 20212 minHow 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, 20212 minHow your pension plan’s expense ratio impacts your fundsAt 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, 20213 minDon’t make these 5 retirement planning mistakesMost 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, 20212 minWho 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, 20212 minShort term saving gives long term benefitsAs pension plan providers, we always encourage people to think about starting their plans for retirement as soon as possible because the...
Jun 17, 20211 minHow 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, 20212 minIs my employer paying into my pension?Under the National Pensions Law, every employer in the Cayman Islands shall provide a pension plan for every person employed by him/her....
May 17, 20212 minMoney 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...
May 6, 20212 minYour pension belongs to you, not your employerA pension is a method of saving for your retirement. It is your money that is overseen by a Pension Plan Provider that helps your money...
Apr 22, 20212 minTips on saving moneyIt can be difficult to save money whether it be for holidays, a new car or Christmas. The Chamber Pension Plan understands that not all...
Apr 10, 20212 minHow to teach your children good personal finance habitsDon’t wait for your children to become teenagers before you start teaching them about good personal finance habits; these life lessons...
Apr 9, 20214 minTeaching your team financial literacy - Part 1When issues arise with employees, there is often more to the story than meets the eye. Poor performance, absenteeism, low morale and low...
Feb 22, 20212 minHow to manage your mortgageA mortgage to purchase a home is probably one of the biggest loans that you will ever take out in your lifetime. Taking out a loan with a...
Feb 13, 20212 minWhy AVCs are a good ideaEvery employee in the Cayman Islands must contribute at least five per cent of their monthly earnings into an approved pension plan, with...