Marriage

If you marry, submit an Add/Delete Dependents Form and marriage certificate to the Pension Fund Office within 30 days of your marriage. In addition, you may need to update your beneficiary designation.

We have moved!
The Fund Office has relocated to Suite 200 Second Floor, Fort Nassau, which is directly adjacent to the British Colonial Hilton Hotel.

VECA News
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 pensioner verification will be sent to all pensioners in December 2021, and must be completed and sent back to the office.

What If I Don’t Have Enough Pension Credits to Qualify for Any of These Pensions?

You will not receive a pension. However, if you do not have enough pension credits because your years of employment were divided between this Plan (the Bahamas Hotel Industry Management Pension Plan) and the Bahamas Hotel and Allied Industries Pension Plan, you may qualify for a Pro-Rata Pension; see the SPD booklet for more information.

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