Occupational

Disclaimer

CCGM Pension Administrators Ltd is licensed to act as a retirement scheme administrator and regulated by the Malta Financial Services Authority Company Registration Number: C77072

HOME | SERVICES | OCCUPATIONAL PENSIONS

The Lifetime Occupational Pension Scheme has been set up to manage pension schemes on behalf of employers that wish to take advantage of the recently announced pension legislation. The scheme can be set up regardless of the number of employees that will be within the scheme whether its 5 or 500.

Any information provided about taxation is based on our understanding of current law and legislation. Future changes in law and taxation, or your own financial circumstances, could affect the treatment of the plan and the amount of tax payable. In order to ascertain your exact tax status, you should seek specific and professional tax advice in relation to your tax obligations under the Lifetime Pension Schemes.

WHAT ARE THE BENEFITS

OF A LIFETIME OCCUPATIONAL PENSION SCHEME

Employee Engagement and Retention

An attractive retirement package not only gives the employer a competitive edge but is an excellent tool for staff loyalty and staff retention.

Tax Efficient

A tax efficient way of increasing employee benefits and remuneration.

Fiscal Incentive

The employer’s taxable income is reduced on amounts contributed. From January 2021 discounted rates stand at a maximum of €3000 per employee per annum.

Employer Tax Credit

From 2021 a tax credit on the employer’s tax bill of €750 per employee per annum in connection with employer contributions

Employee Tax Credit

From 2021 a tax credit on the employee’s personal tax bill of €750 per annum in connection with employee contributions.

Optimising Your Retirement Portfolio

Investment strategies that maximize return and manage volatility as the members reach retirement age.

Professionally Managed Investment Solutions

Investments are managed at a low cost by a professional and experienced investment management team.

Effective Communication

We work closely with a designated official as chosen by the employer to ensure smooth operational running of the contributions.

Regular Reporting

Reporting provided to the employer and to each employee.

Simple Onboarding

Efficient on-boarding process.