A group pension arrangement made up of tax-approved deferred annuities that lets employees and employers save for retirement.
Wat is gedekt
- Normal Retirement Date – 60 Years (55 to 70 optional) as mandated by local laws.
- Participants’ Capital Funds increase with Regular Premiums less charges for administration and a Waiver of Premium Rider plus interest. Voluntary Premiums by the Participant are also permitted and are not subject to any charges.
- The modal premium may be monthly only.
Goed om te weten
- Eligibility: All employers with employees under age 70 are eligible to purchase this contract.
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