PHILIPSBURG, Sint Maarten - NV GEBE ‘s soon-to-be-pensioners can be sure their pension is well taking care of and that they can count on it for life, starting on retirement date.
After having been in St. Maarten in the beginning of June to revise the targets for the current year with the board of Supervisory Directors and to look for more investment opportunities on the island, Vidanova made its return. This time Vidanova participated in the Pension Awareness Program organized by NV GEBE for their future pensioners.
According to Vidanova’s Executive Director, Drs. Charlene Alberto, reaching retirement age is the start of a new phase in life. A phase that involves emotional and social changes and that can be very excited if you plan in advance and if you are well prepared. One aspect that will definitely make things easier is the financial part. If you know that the pension premiums you paid in the past are well managed and if your pension fund is still showing its strength by having a high funding ratio of 117% and no liquidity issue what-so-ever considering its very strong liquidity position, you can rest assured of secure pension payments in the future, which considering the history at Vidanova will also have a very high probability of being indexed in order to cope with inflation.
Besides the assurance of a well-managed pension fund, it is also important for the participants to know which path to follow in order to collect their pension. During the Pension Awareness Program Mr. Luigi Samson, pension adviser at Vidanova Pension Fund elaborated on how to apply for their pension, the way the pension income is calculated, the way to interpret the pension specification the pensioner will be receiving each month and the importance of providing Vidanova in a timely manner with the right information.
Vidanova and the NV GEBE Managing Board wishes all the GEBEs future pensioners a fruitful preparation until reaching retirement and they can be confident that once they are retired Vidanova will keep providing them with the good service they have been accustomed to during their active years. Vidanova also congratulates NV GEBE with this well organized awareness program since a smooth transition from the phase of being active to becoming a pensioner is very important.
Human Resource Manager of NV GEBE Mr. Clifford Sasso stated that “the awareness program, aimed to educate the future pensioners to be financially, physically and mentally prepared once they reach retirement age and beyond, is part of educating the employees including the ones that are going on pension”.