Chamber pension plan seeks volunteer trustees

| 14/01/2014

(CNS): The local pension fund which is run by the Cayman Islands Chamber of commerce is asking members, which is all employees whose employer holds a plan for them with the Chamber, to volunteer as a Trustee of the Board for a variety of industry categories which are listed below. Officials from the Chamber said that anyone interested in possibly participating in the governance of their Plan should visit the website at www.chamberpension.ky  for a form and them return that completed form by email to admin@pensions.ky, fax it to 745-7699, or mail it to PO Box 609, KY1-1107.

The chamber is looking for at least two people already employed in the professional & finance sectors, industry and commerce, hospitality & tourism and one from the voluntary & self-employed category.

With local pension plans coming in for considerable criticism, being a part of the board can give those whose contributions are invested in the funds a much more direct appreciation of what is happening to members’ investments.

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Comments (2)

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  1. Anonymous says:

    What a fantastic way to be exposed to a risk of massive personal liability!

  2. Anonymous says:

    Is it in compliance with National Pensions Law?