GENERAL INFORMATION GENERAL INFORMATION Retirement is a big stage in life. However, it is estimated that about 75% of Vietnamese workers are not financially
Retirement is a big stage in life. However, it is estimated that about 75% of Vietnamese workers are not financially prepared for their retirement period. Increasingly, many people do not have children to financially depend on while their health and their ability to work for a living decline and their cost of living increases due to health issues. For a peaceful and happy retirement life, plan ahead with SSIAM's voluntary retirement fund.
A voluntary pension fund is a type of investment that enterprises can contribute to on behalf of their employees. Employees can also volunteer additional contributions to the program with the enterprise. The purpose of the retirement program is to create a tool for employees to invest and accumulate assets as an additional source of income for retirement (in addition to the pension paid by Social Insurance).
The interests of fund participants will be protected by transparent mechanism and the management/supervision of multiple parties, including fund management companies, supervisory banks and state authority agencies.
WHY JOIN SSIAM'S PENSION FUND?
Most businesses have paid attention to and met the first, second and third desires of their employees through salary and bonus mechanisms, learning opportunities and challenges at work, health insurance and life insurance policies for employees and families, etc. However, many businesses are still looking for a suitable solution to meet the ultimate desire of employees - a comfortable life in retirement.
SSIAM's voluntary retirement fund is an effective solution for both businesses and employees
WHICH PARTIES PARTICPATE IN PENSION FUNDS?
Voluntary pension fund aims at net asset growth and long-term stable income generation for investors by investing in Government bonds, Government guaranteed bonds, municipal bonds, deposits, and securities investment fund certificates.
The Fund invests at least 50% of the total value of the fund's assets in Government bonds, the rest is invested into deposits or open-ended fund certificates, and suitable ETFs.
Enterprises and employees can choose to invest in 3 different funds: Independence Fund, Peace Fund, and Prosperity Fund.
Enterprises can contact SSIAM for advice on designing retirement benefits for employees and the process of contributing to the fund.
ILLUSTRATION OF POTENTIAL PROFIT
Account value will be much higher if the employee accumulates for 40 years instead of 35 years.
Contact us at email@example.com for further advice.