If you wish to update your beneficiary designation upon the adoption of a child, contact the Pension Fund Office.
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 Do I Do When I’m Ready to Retire?
You must complete an application form in order to receive your pension benefits. To make sure your benefit payments are not delayed, complete your application at least three months before you want payments to begin
|
Learn how the Plan works. |
Find answers to common questions about the Fund. |
Find all the forms you need. |
|
See who the current Fund trustees are. |
Find out how to reach the Pension Fund Offices via phone, fax, email, mail, or in person. |
Link to other helpful sites. |
