Collective financing
Decide the return for your staff members
Minimum allocation
Possible in Cafeteria Plan
Exchange data efficiently
All benefits consolidated in one handy app
You’re in the driver’s seat
Individual entitlements
The Cash Balance plan allows you to decide the amount and the return that you want to award to your staff members. The return may be a fixed percentage, or the return of a financial instrument or index such as OLO linear bonds. Every month a savings amount will be deposited on a notional account in the name of the member, the virtual piggybank of your staff member. This amount will increase in step with the return that you award.
Collective financing
In contrast the financing of these individual entitlements is of a collective nature. Periodically you will remit allocations to a collective financing fund. Depending on your appetite for risk, you then choose how to invest these allocations/remittances:
Branch 21, with a guaranteed return.
Branch 23, without a guaranteed return, in a mix of shares, bonds, cash and real estate.
So you decide the investment strategy, taking into account the return that you guarantee your staff members, the risk profile of the funds chosen and any safety margin or buffer that you want to build up.
Do you have a question?
Contact one of our sales managers