If my new employer is not a member of the Silver Thatch Pension Plan, what will happen to my investments?

If you stop working for your current employer and your new employer has not joined the Silver Thatch Pension Plan, you will have two options:

  1. You can leave your investments in Silver Thatch and use them (along with the investment income) to provide an income at retirement. This income will be provided based on the retirement provisions of the Plan. If you leave your investments in Silver Thatch, you can continue to make Additional Voluntary Contributions (AVCs) until you retire.
  2. You can arrange to have the cash value of your investments transferred to the pension plan of your new employer, provided that plan is registered under the National Pensions Law. The money will be invested in your new employer’s plan based on the provisions of that plan.
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