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  1. Silver Thatch Pensions
  2. Withdrawal Options

Withdrawal Options

Additional Voluntary Contributions

  • How can I withdraw my additional voluntary contributions (AVCs)?
  • Under what grounds can I withdraw my 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?

Ill Health

  • I am currently ill, how can I redeem my funds?

Portability

  • Transfer of Pensions to an International Plan
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