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Start Contributing Today Towards Your Future with a Pension Plan

Employee and employer contribution pension plans along with an option of additional contributions per month according to Cayman Islands Pensions law. Enrol Now! Know more : https://silverthatch.org.ky/about-silver-thatch-pensions/cayman-pension-plan-at-a-glance/

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Start Contributing Today Towards Your Future with a Pension Plan

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  1. YOUR FINANCIAL WELL-BEING IS SECURE WITH US

  2. About Silver Thatch Pensions Silver Thatch Pensions was established in 1997 to meet the requirements of that new legislation. Today, Silver Thatch Pensions is one of the largest pension providers in the Cayman Islands.

  3. Your Contributions You and your employer are required to contribute an amount that, when combined, equals 10% of your “earnings” (up to the annual maximum pensionable earnings of CI$87,000 a year). Your employer’s share must equal at least 5% of your earnings. If your employer contributes more than 5%, your share of the total 10% contribution will be reduced accordingly. These contributions – referred to as your basic contributions – are deposited in a member account set up in your name. Your employer should make the contributions on your behalf once each month. Read More

  4. Your Rights From the 1st June 1998, every person aged 18 to 60 years who is a member of a defined contribution pension plan must contribute to that plan. This is a requirement of the National Pensions Law(2000 Revision) and by subsequent regulation (the Pensions Law). The contributions are related to total earnings, which include salaries, wages, leave pay, fees, commissions or gratuities, as well as bonus payments that exceed 20% of basic pay. There is an upper limit to earnings specified under the Pensions Law for this purpose; this limit or cap is CI$60,000. Read More

  5. Contact Us Client Services Agent Saxon Pension Services 14 Saxon Centre P.O. Box 31694 14 Saturn Close, Eastern Avenue Grand Cayman KY1-1207 Cayman Islands Telephone: +1 (345) 943-7770 Fax: +1 (345) 943-7771 Investment Managers Deutsche Bank (Cayman) Ltd Boundary Hall, Cricket Square 171 Elgin Avenue PO Box 1984 Grand Cayman KY1-1104 Call: +1 345 949 8244 Fax: +1 345 949 8178 Plan Administrators Intertrust (Cayman) Limited 190 Elgin Avenue, George Town, Grand Cayman KY1-9005, Cayman Islands Telephone: +1 (345) 943 3100 Fax: +1 (345) 945 4757

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