Bermuda Islander - Step 11
Updated: Jan 25, 2021 10:24 AM
INTRO – STEP11
TRACKING Your Personal Bermuda National Pension
Here is a little factoid.
Your Bermuda National Pension Plan (formal name Occupational Pensions Act 1998) is probably going to be your biggest asset, besides your home. Spectacularly, a 25 -year old in the Bermuda private industry workforce today could see values at retirement even higher than the value of his/her home. Further, I can assure you that if you understand what is in your pension plan, you will feel more comfortable about other investments you might want to make on your own. This assumes that you make it a personal consistent goal to monitor your pension plan on a quarterly basis.
THIS is your money!
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Published January 25, 2021 at 10:24 am (Updated January 25, 2021 at 10:24 am)
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