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Silver Thatch Pensions

Best Cayman pension plans and retirement scheme; secure retirement fund and enjoy retirement income. Enrol for Silver Thatch guaranteed pension plan now!

Source: https://silverthatch.org.ky/

Best Retirement and Pension Plans in the Cayman Islands

Best Cayman pension plans and retirement scheme; secure retirement fund and enjoy retirement income. Enrol for Silver Thatch guaranteed pension plan now!

Mr. Scott Macdonald - Silver Thatch Pensions

Mr. Macdonald is a partner in the Finance Group of Maples and Calder in the Cayman Islands. Mr. Macdonald joined Maples and Calder in 2005 and, prior to this, he worked for Deutsche Bank in the Cayman Islands, Hogan Lovells LLP in London and for Morton Fraser in Edinburgh. Prior to commencing his law career, Mr. Macdonald was a police officer with the Northumbria Police Force in the UK.

Basic Contributions from Exployers - Silver Thatch Pensions

The employee and employer are required to make basic contributions that, when combined, equal 10% of the employee’s “earnings” (up to the year’s maximum pensionable earnings of CI$87,000 a year). Once the employee has reached the earnings cap of CI$87,000 then contributions can stop until the following calendar year.

Additional Voluntary Contributions (AVCs) - Silver Thatch Pensions

Why Make AVCs? Additional voluntary contributions (AVCs) are an important part of Silver Thatch Pensions programme. These contributions: allow you to boost your account value to help ensure that you have enough saved for your retirement; allow you to save through the convenience of payroll deductions or lump sum deposi

Glossary - Silver Thatch Pensions

Accrued Interest
This is the interest that has accumulated on a bond or debenture since the last interest payment date, i.e. interest owing to you.

About Silver Thatch Pensions - Silver Thatch Pensions

About Silver Thatch Pensions In 1998, the Cayman government enacted legislation that requires all employers to provide their workers with pension benefits. Under the National Pensions Law, a pension plan must be registered and meet certain provisions

Latest News - Silver Thatch Pensions

Silver Thatch is committed to ongoing communication, and accordingly, Silver Thatch provides members with statements of their account balance on a quarterly and annual basis. Additionally, quarterly investment information and news bulletins are also available and updated frequently.

Contact Us - Silver Thatch Pensions

Communication is a two-way process. In order for us to administer the Silver Thatch programme effectively, we rely on you to keep us up to date whenever there is a change in your person­al situation.

FAQs - Silver Thatch Pensions

Silver Thatch was established in 1997 to meet the requirements of the new legislation enacted by the Cayman government in 1998 that requires all employers to provide their workers with pension benefits. Today, the Silver Thatch Pension Plan is one of the largest pension plans in the Cayman Islands. Click here to learn more.

A few retirement planning tips for your help! | Binary-Deluxe

The Cayman Islands retirement age for people born after 1969 has been increased from 60 to 65 years. Retirement age is also known as the normal age of pension entitlement. The new pension laws in the Cayman Islands cover all the employers in the private sector and require them to at least contribute 5% of the covered pay to the National Pension System and require the employees to cover the rest.

Best Retirement and Pension Plans in the Cayman Islands

Best Cayman pension plans and retirement scheme; secure retirement fund and enjoy retirement income. Enrol for Silver Thatch guaranteed pension plan now!

Updating Personal Information - Silver Thatch Pensions

Communication is a two-way process. In order for us to administer your Silver Thatch Pensions Plan effectively, we rely on you to keep us up to date whenever there is a change in your personal situation.

Know Your Rights Under the New Cayman Islands Pension Law

Learn more on contributions, additional voluntary contributions and other important information according to the new National Pension Law in Cayman Islands.

Pension Survivor Benefits - Silver Thatch Pensions

Your pension isn’t just about you. It’s also about the financial security of those who depend on you. With that in mind, Silver Thatch Pensions include some important provisions to protect your survivors.

Understand the Cayman Pension Plans by Silver Thatch Pensions

Under the corporate pension plans in the Cayman Islands, employees and their employer make monthly basic contributions based on the employee's earnings.

Guides / Handbooks - Silver Thatch Pensions

© 2016 Silver Thatch Pensions. All Rights Reserved   |   We welcome your inquiries, please call (345) 943-7770 or email support@silverthatch.org.ky

Links - Silver Thatch Pensions

© 2016 Silver Thatch Pensions. All Rights Reserved   |   We welcome your inquiries, please call (345) 943-7770 or email support@silverthatch.org.ky

Financial Performance OF Silver Thatch Pensions - Silver Thatch Pensions

© 2016 Silver Thatch Pensions. All Rights Reserved   |   We welcome your inquiries, please call (345) 943-7770 or email support@silverthatch.org.ky

Portfolio Fact Sheets - Silver Thatch Pensions

© 2016 Silver Thatch Pensions. All Rights Reserved   |   We welcome your inquiries, please call (345) 943-7770 or email support@silverthatch.org.ky

Additional Pension Related Forms - Silver Thatch Pensions

To obtain additional forms including the below listed, please contact our offices via phone at 345-943-7770 or email support@silverthatch.org.ky to book an appointment with a Saxon representative.  It is necessary for a Saxon representative to review a member’s account value and verify entitlement prior to distributing these forms.

Investment of Contributions - Silver Thatch Pensions

© 2016 Silver Thatch Pensions. All Rights Reserved   |   We welcome your inquiries, please call (345) 943-7770 or email support@silverthatch.org.ky

Portfolio Management - Silver Thatch Pensions

All five of the investment portfolios offered by Silver Thatch are managed by a team of world-class investment managers under the direction of Deutsche Bank.

If a Retired Employee Returns to Work - Silver Thatch Pensions

If a retired employee returns to work before his/her 60th birthday, he/she must resume making basic contributions to the Pension Plan. In addition, the employer must resume making contributions on the employee’s behalf.

Contributions After the Normal Retirement Date - Silver Thatch Pensions

Basic Employee and Employer contributions are not legally required after the member has past their normal retirement date (currently age 60). However, an employee may elect to continue to make additional voluntary contributions (AVCs) to increase the size of their fund prior to their final retirement.

Remitting Contributions by Employer - Silver Thatch Pensions

Contributions – Basic, AVCs and Additional 1% – must be remitted by the employer on a monthly basis. It is up to you to: