RFP 2015/102: Establishment of an International Defined Contribution Retirement Plan
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RFP 2015/102: Establishment of an International Defined Contribution Retirement Plan
The Fund intends to provide staff with a flexible and attractive retirement vehicle which benefits from long‐term stability, investment protection and solid administrative and information support. It aims to do this by establishing an International Defined Contribution Plan (The Plan). The retirement Plan constitutes an important benefit that enables the Fund to recruit and maintain high quality professional and support staff.
The Objectives of the Plan will be to:
- provide staff with a flexible and attractive retirement vehicle which benefits from long‐ term stability; fiduciary asset protection ; and sound administrative and information support to promote and maximize retirement savings;
- enable Plan Members to engage in and manage their retirement funds and modify their investment strategy in relation to changes in their personal situation and/or the economic and capital market environment;
- provide an attractive component of the employment package for the Fund’s employees; and
- provide good returns that protect retirement savings against inflation and offer a good risk adjusted ret
The Fund has drafted a Request for Proposal for the Provision of an International Defined Contribution Retirement Plan.