Looking After You As You Age. Provide income for people to cater for their daily expenses when they are no longer earning a regular income from employment. Important method for planning for retirement while working. It is a saving scheme for employed/self employed individuals towards a better retirement regulated by the Retirement Benefits Authority.
Occupational schemes are for institutions whereby the employees contribute part of their basic salaries to the Fund matched by contributions by the employer (sponsor) on their behalf. These funds are entrusted to fund managers, who use different investment tools to ensure a good return on members' funds within the regulatory requirements.
Some of the Benefits include: