Most expenses continue long after you retire. It is estimated that you will require 85% of your final salary to maintain a similar lifestyle during retirement.

The longer you save the more you will accumulate and the larger will be your monthly income during retirement.

Now is the time to start so you can have Secure Money at Retirement.

To participate, you must be a Jamaican resident, between the ages of 18 and 69 years.

• Be self employed or employed and not contributing to any other approved pension plan.
• If you have terminated your membership in an approved plan, you may preserve your pension by transferring the balance in your existing member account to the SMART Retirement Plan.

Save up to 20% of your annual salary before tax Tax free investment returns 25% tax free cash lump sum on retirement

A guaranteed lifetime income Accumulated value payable on death prior to retirement In the event of disability your pension becomes payable immediately.

Let NCB Insurance help you prepare for life after retirement.

Our NCBIC Insurance Advisors will take the time to work with you to choose from our two investment options. The two options available are:

• The SMART Balanced Fund which will be invested in bonds, money market instruments, equities, loans, leases, mortgages and real estate.
• The SMART Fixed Income Fund which is invested in fixed income securities such as bonds, money market instruments.

Yes, the SMART Retirement Plan allows employers the opportunity to provide a retirement benefit for their employees.

Enjoy tax deductible benefits for contributing up to 10% of their employees’ salary.

• No setup cost for establishing a pension fund
• Little or no administrative and operational cost
• No need to appoint Trustees, Actuaries, Auditors or Consultants

When you speak with our NCBIC Insurance Advisor, the information we provide in our retirement planning session will allow you to:

• Step 1: Determine your retirement objectives
• Step 2: Consider your financial situation both present and in the future
• Step 3: Develop a retirement plan based on your retirement objective
• Step 4: Determine a monitoring mechanism to evaluate your plan