Adoption of a Child

If you wish to update your beneficiary designation upon the adoption of a child, contact the Pension Fund Office.

We have moved!
Our office has relocated to Hotel's House, East Bay Street, i.e. between the Shell East Bay Street Service Station and the Bank of Nova Scotia, East Bay Street branch. You may contact the Pension Fund Office at 322-2262 or 502-4200.

VECA News
In January of 2008, the Board of Trustees of the Bahamas Hotel Industry Management Pension Fund introduced a new benefit that allowed participants to voluntarily defer a portion of their current salary as a savings for retirement. If you chose the Voluntary Employee Contribution Account (VECA), you would have set aside additional (savings) money to supplement the monthly pension benefit provided by your Employer through the Pension Plan at retirement. The Trustees granted 2.5% interest for VECA contributions in 2008, 7.0% in 2009, 6.0% in 2010, 2.0% in 2011, 4.5% in 2012, and 5.0% in 2013. All are extraordinary interest rates in today’s investment world. If you have questions regarding the VECA, you can call the Pension Fund Office or see your HR representative today.

Keep Your Info Up to Date
Any time is a good time to update pension information or change beneficiaries.

The 34th Anniversary Pensioner's Luncheon will be held on Wednesday the 29th of October, 2014 at Atlantis Paradise Island Grand Ballroom at 12 noon.

How Much Do I Receive From My Pension?

The amount you’ll receive is determined by a formula that takes into account the value of a pension credit, as determined by the Trustees (currently 1.32% per pension credit), your final average salary and the number of pension credits you’ve earned.

more FAQs>>

 

Pension Fund At A Glance

Learn how the Plan works.

FAQS

Find answers to common questions about the Fund.

Forms

Find all the forms you need.

Trustees

See who the current Fund trustees are.

Contacts

Find out how to reach the Pension Fund Offices via phone, fax, email, mail, or in person.

Related Sites

Link to other helpful sites.