Regulatory Alerts2020-10-01 | 24049Added · Updated
Guideline on Communication with Pension Plan Members
The Central Bank of Trinidad and Tobago requires pension plan trustees and sponsors to disclose specific information to members, including statutory documents, plan summaries, and material amendments. Benefit statements must be issued annually for defined contribution plans and every three years for defined benefit plans, while exit statements are required within one month of departure. Annual reports must detail financial performance and actuarial valuations, and wind-up notices must be sent individually and published in newspapers.
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