What Happens If I Stop Working in Covered Employment Before I Retire?

As long as you have earned at least 10 pension credits, you are entitled to receive a deferred pension at age 65 no matter when you stop working in covered employment. If you stop working before you’ve earned 10 pension credits, you may qualify for a withdrawal/termination benefit. If you make voluntary employee contributions to the Pension Fund and leave covered employment before you’ve earned 10 pension credits, you will receive a refund of your employee contributions, plus any interest earned on those contributions, paid as a lump sum.

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Contacts

Secretary to the Board

Michael C. Reckley
Bahamas Hotel Industry Management Pension Fund
P O Box N 7799
Hotel's House
East. Bay Street
Nassau, N.P., The Bahamas
Tl: 242-322-8381/4
F: 242-502-4221
mcreckley@bahamashotelemployers.org

Pension Administrator

Lashan L. Smith
lsmith@bahamashotelemployers.org