The Government of Bermuda has confirmed in a recent press announcement, a further amendment to pension legislation will occur allowing existing pension members an additional one-time emergency pension refund withdrawal of $6000 from their pension plan.

PLEASE NOTE this amendment has not come in to effect yet and the proposed effective start date is July 1^st, 2021.

The below noted criteria will help you determine whether you may be considered eligible:

1. Are you a member of a defined contribution pension plan or local retirement product?

If you answer yes – then you might be eligible.

2. Are you under the age of 65 years?

If you answer yes – then you might be eligible.

We are asking all pension members who are interested in applying for the refund to ensure they are ready.

This means making sure you have all the information available:

Do you have the following:

*Valid government issued photo identification

*Up to date utility bill – showing residential address

*Bank account details

*Email address

*Access to a computer and printer / cell phone with scanning capabilities

To apply, please complete the online form which will be available on our website effective July 1^st, 2021 and make sure to include the supporting documentation.

For more information please contact Freisenbruch at 296-3600 and press 1 for pensions or alternatively keep visiting our website and social media pages for updates.