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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
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January NAVs Available
The Net Asset Value (NAV) of the Chamber Pension Plan funds as at 31 January 2022 are as follows: How do we determine the value of your...
Feb 21, 20221 min read
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 26, 20222 min read
Explore our new website
Check out some of the most popular resources on our newly relaunched website.
Jan 26, 20221 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
November NAVs Available
The Net Asset Value (NAV) of the Chamber Pension Plan funds as at 30 November 2021 are as follows: How do we determine the value of your...
Jan 5, 20221 min read
Chamber Pension Plan Announces New Administrator’s Agent
Members of the Cayman Islands Chamber of Commerce Pension Plan received good news about the Plan’s performance when they met at their...
Dec 2, 20212 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
October NAVs Available
The Net Asset Value (NAV) of the Chamber Pension Plan funds as at 31 October 2021 are as follows: How do we determine the value of your...
Nov 19, 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
September NAVs Available
The Net Asset Value (NAV) of the Chamber Pension Plan funds as at 30 September 2021 are as follows:
Oct 18, 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
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, 20212 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
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...
Sep 1, 20215 min read
July NAVs Available
The Net Asset Value (NAV) of the Chamber Pension Plan funds as at 31 July 2021 are as follows: How do we determine the value of your...
Aug 19, 20211 min read
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 17, 20212 min read
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 10, 20212 min read
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...
Aug 4, 20213 min read
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 21, 20212 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
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