75 Front Street, Hamilton HM 12 - Phone: +1 441 2963600 - Fax: +1 441 2956209 - E-mail: info@fmgroup.bm - Mailing Address: P.O. Box HM 836, Hamilton HM CX, Bermuda

July 2021 Up to Date Pension Legislation

A recent announcement was made by the Government of Bermuda regarding an amendment to the pension legislation allowing for an additional onetime emergency refund withdrawal.

READY SET GO – we have been given the green light!

We are pleased to announce the pension legislation, allowing existing pension members to access an additional $6,000 from their pension account, is officially LIVE – starting July 1st, 2021 and available until June 30th, 2022.

As you have come to expect, the pension staff at Freisenbruch are ready to help and our task force has regrouped to serve you quickly and efficiently.

But what exactly do you need to know first?

Step One – Determine whether you meet the eligibility requirements:

1. Are you a member of a defined contribution pension plan or local retirement product?

If you answer yes – then you might be eligible.

2. Are you under the age of 65 years?

If you answer yes – then you might be eligible.

Step Two – How do you apply?

If you are applying under the $6,000 emergency refund withdrawal, simply click here and complete the online form – it is that simple!

It is important to note, all pension members who wish to apply must complete the application form online.

Please make sure before you click on the link you have the information available as you will need to upload the following documentation.

Do you have the following:

*Valid government issued photo identification

*Up to date utility bill – showing residential address

*Bank account details

*Email address

*Access to a computer and printer / cell phone with scanning capabilities

For more information please contact Freisenbruch at 296-3600 and press 1 for pensions or alternatively keep visiting our website and social media pages for updates.

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