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National Pensions (Amendment) Law, 2020
Public Servant FAQs
Emergency Withdrawal of Pensions Contributions
- How can I apply to withdraw my pension contributions?
- Who is eligible to withdraw their pension contributions?
- Where can I find a list of Notaries?
- How much can I withdraw from my pension plan?
- Is there a cap on the amount that can be withdrawn?
- If persons have multiple pension accounts with different pension plan Administrators, can they withdraw from more than one account?
- See all 14 articles
Pension Holiday
- During the pension holiday, are members required to pay the additional 1% in relation to their prior housing withdrawal?
- How will the pension holiday impact any delinquent contributions?
- What do you need to do in order to participate in the suspension of pension contributions?
- What is the timeframe for the suspension of pension contributions (aka “pension holiday”)?
About Silver Thatch Pensions
Silver Thatch Pensions Trustees
Joining the Plan
Contributions
Submitting Contributions
- How to complete the Pension Contribution Sheet
- Which currency can I use to submit our monthly contributions?
- When are pension contributions due?
- How can I make monthly contribution payments via wire transfer
- How can I submit monthly contribution payments online?
- How can I make monthly contribution payments?
Additional Voluntary Contributions
Basic Contributions
Investments
Investment of Basic Contributions
Withdrawal Options
Additional Voluntary Contributions
Termination of Residence
- I've terminated my residence in the Cayman Islands, what are my options?
- How can I redeem my funds in a lump sum under termination of residence if my account balance is less than CI$5,000?
- How can I redeem my funds in a lump sum under termination of residence if my account balance greater than CI $5,000?
Retirement
- What happens to my pension in the event of death before retirement?
- What happens to my investments if I elect an annuity?
- What happens to my pension if I die after retirement?
- What happens to my pensions if I die before retirement?
- What are my withdrawal options at normal retirement age?
- When can I access my retirement benefits?
Pension for Property
- List of approved financial institutions
- I am selling my property; how much am I supposed to return if I used my pensions to purchase the property?
- What are the terms of withdrawing my money from my pensions towards purchasing property/ paying off a mortgage?
- How can I use my pensions towards purchasing a property?
- What are the requirements in order to withdraw from my pension to buy property?
Portability
General
General Information
FAQs
- How can I access my online account?
- Should I notify Silver Thatch Pensions of terminated employees?
- I would like to transfer my pensions from another local pension provider to Silver Thatch Pensions, what is the process?
- What happens to my pensions if my employer switches pensions providers?
- If my new employer is not a member of the Silver Thatch Pension Plan, what will happen to my investments?