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Nov 11 min read

2024 Annual General Meeting Notice

The Board of Trustees of the Chamber Pension Plan invites our Members to attend the Annual General Meeting ("AGM") on Wednesday,...

Jan 12, 20231 min read

Interested in Becoming a Volunteer Trustee?

The Board of Trustees at the Chamber Pension Plan is ultimately responsible for the management and administration of the Plan. They take...

Oct 13, 20221 min read

Why do women have half the pension of men? A report from the UK

It’s a sobering fact that in the UK, women aged between 65 and 74 years old will have saved half as much money for retirement as men the...

Oct 13, 20221 min read

How to talk to your children about pensions and retirement

For children and teenagers, saving for retirement is a tricky concept – after all, they’re not even on the career ladder yet, so the idea...

Aug 17, 20221 min read

Cayman Islands Life Expectancy

The Compendium of Statistics released in 2013 by the Economics and Statistics Office of the Cayman Islands shows that the country’s Life...

Jul 13, 20221 min read

This is what women could do to overcome the retirement savings shortfall.

The gender wage gap has remained remarkably stubborn for decades and, inevitably, becomes a significant shortfall at retirement. In 2020,...

Mar 10, 20221 min read

We have a new Administrator's Agent

If you have any queries, we're here to help! Please contact our Plan Management Team Unit 4-107 Governor's Square. West Bay Road. P.O....

Jan 26, 20222 min read

FAQs: Change of Administrator's Agent

Chamber Pension Plan Announces New Administrator’s Agent Check out our press release. Is the Chamber Pension Plan merging with Silver...

Jan 21, 20221 min read

December NAVs Available

The Net Asset Value (NAV) of the Chamber Pension Plan funds as at 31 December 2021 are as follows: How do we determine the value of your...

Sep 11, 20212 min read

How to use pension benefits to attract and retain talent

Over the years, employees’ desires and demands have evolved. If you are an employer or an HR manager, you are more than likely bombarded...

Sep 11, 20213 min read

Get ahead with smart financial planning

We all want financial security for ourselves and our families. After all, it is associated with higher levels of happiness and lower...

Sep 1, 20215 min read

What to expect when you retire

How do you feel about the idea of retirement? Some people long for it their whole careers, putting all of their lifelong dreams on hold...

Aug 17, 20212 min read

How much money will I need when I retire?

Ensuring that you have enough money saved in your pension and other savings accounts to live comfortably when you retire is not a...

Aug 10, 20212 min read

How your pension plan’s expense ratio impacts your funds

At the most basic level, an expense ratio affects how much money you get back after all costs to run the pension plan are calculated and...

Aug 4, 20213 min read

Don’t make these 5 retirement planning mistakes

Most of us look forward to our retirement, imagining that we'll get to relax more, stress less, and tick off each and every one of our...

Jul 21, 20212 min read

Who gets my pension if I die?

In the event of your death, your pension will go to your spouse, your dependent children, or your named beneficiaries. How and when your...

Jul 12, 20212 min read

Short term saving gives long term benefits

As pension plan providers, we always encourage people to think about starting their plans for retirement as soon as possible because the...

Jun 17, 20211 min read

How can I withdraw money from my pension?

Your pension is for your retirement, but there may be times when you need to partially or fully withdraw it. Perhaps you are leaving...

Jun 2, 20212 min read

Is my employer paying into my pension?

Under the National Pensions Act, every employer in the Cayman Islands shall provide a pension plan for every person employed by him/her....

May 17, 20212 min read

Money left at the end of the month? Why not invest in your pension fund?

It can be difficult to save money in an economic environment like the Cayman Islands. The cost of living and unexpected expenses can...

May 6, 20212 min read

Your pension belongs to you, not your employer

A pension is a method of saving for your retirement. It is your money that is overseen by a Pension Plan Provider that helps your money...