Services Offered By Private Occupational Pension Plans

Employers may establish a private pension plan for the benefit of their employees, however, it is not mandatory under the Insurance Act 1998.

Private Pension plans generally offer a retirement objective, inclusive of

Retirement Benefits
Termination Benefits
Disability Benefits
Sickness Benefits
Survivors’ Benefits

A private occupational pension plan or private pension plan is a legally binding contract with a retirement objective. This contract may be part of a broader employment contract or may be required by law.

Important: The information on this website does not constitute legal, financial or other professional advice but provides information for general reference purposes only. Every effort is made to ensure that the information given herein is of sound quality but no legal responsibility is accepted for any errors, omissions or misleading statements in the information, caused by negligence or otherwise.