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Vision/Eye Care Claim FormBRITISH CAYMANIAN INSURANCE AGENCIES LIMITED BritCay House, 236 Eastern Avenue, George Town P.O. Box 74 Grand Cayman KY11102 Cayman Islands tel. (345) 949 8699 fax. (345).

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Every self-employed person must contribute a sum equivalent to 10% of their earnings up to CI$87,000 at a minimum. Employers are required by law to contribute an amount that is no less than 5% of your earnings. As an employee, you should not be required without your consent to pay more than 5% of your earnings.

The National Pensions Act requires employers to remit a total of 10% of the employee's monthly earnings to an approved pension plan, with no more than 5% coming from the employee and no less than 5% coming from the employer. Those who are self-employed are required to contribute 10% of their earnings to a pension plan.

The normal retirement age is 65, but early retirement options are available for plan members with at least 10 years of qualifying service.

Employers have a legal requirement to pay 10% of each eligible employee's earnings into their pension plan. The requirement to pay pension contributions is up to the year's maximum pensionable earnings ($87,000) for each employee.

By law, withdrawals made from the pension fund will have to be repaid. Applicants will be required to repay an additional 3% contribution into their pension plan plus the legally required 5% contribution. Those who have previously made withdrawals were required to pay back what they took at a rate of 1%.

When are the contributions due and payable? Both the employer and employee contributions must be paid by the 15th of the month immediately following the month to which the contributions pertain. For example, any contributions deducted or collected in April must be paid by May 15.

The normal age of pension entitlement is now 65 years of age, as per the National Pensions (Amendment) Act, 2016.

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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232