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PBI ASS 04/14 Associate preserved benefit Terminal medical condition or incapacity information leaflet and benefit claim form The attached benefit application form should be completed by persons claiming
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Who needs associate preserved benefit?
01
Employees who have achieved a certain tenure or retirement age and are eligible for preserving their benefits.
02
Individuals who have participated in a specific pension or retirement plan and wish to maintain their benefits.
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Former employees who want to ensure that their accrued benefits are protected and preserved.
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People who want to secure their pension benefits for the future and ensure a stable retirement income.
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Those who are planning to switch jobs or industries and wish to preserve their existing retirement benefits.
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What is associate preserved benefit?
Associate preserved benefit is a retirement benefit that is preserved or saved for an associate to access later in life.
Who is required to file associate preserved benefit?
Employers or pension providers are required to file associate preserved benefit on behalf of their employees or members.
How to fill out associate preserved benefit?
Associate preserved benefit can be filled out electronically through the designated online platform provided by the employer or pension provider.
What is the purpose of associate preserved benefit?
The purpose of associate preserved benefit is to ensure that employees or members have a retirement benefit saved for them to access when they reach retirement age.
What information must be reported on associate preserved benefit?
The report must include details of the associate, their contributions, investment growth, and any other relevant information regarding the preserved benefit.
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