Pensions Termination Options for Members & Individuals | Argus Insurance - Argus Bermuda
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Property & Casualty
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Commercial Plans
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Individual PlansSecurity for you and your family to ensure peace of mind
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Pensions & Investments
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Plans for Employers
Protecting your employees' financial future
Plans for IndividualsAttractive and flexible pension choices
Pensions & Investment ToolsCalculators to help you reach your financial goals
-
- Wealth Management
-
Health
-
Plans For Employers
Take care of your employees' health
Plans for IndividualsTake care of yourself and your family
Thrive.Improve your health and well-being
-
- Life
- Disability
- Workers' Compensation
-
Property & Casualty
-
Commercial Plans
Explore all of what we offer to protect businesses’ valuable assets
Individual PlansSecurity for you and your family to ensure peace of mind
-
-
Pensions & Investments
-
Plans for Employers
Protecting your employees' financial future
Plans for IndividualsAttractive and flexible pension choices
Pensions & Investment ToolsCalculators to help you reach your financial goals
-
- Wealth Management
With Hurricane Ernesto listed as a threat to Bermuda our offices at 14 Wesley Street will be closing at 2pm on Friday, August 16. We urge everyone to take the necessary precautions to keep you, your family and your property safe. For tips please visit argus.bm/hurricane
We plan to reopen at 9am on Monday, August 19th. If you need to file a claim please complete our online form.
- Pensions & Investments
- Plans for Individuals
- Termination Options
Termination Options
Retirement Benefits
Setup a Retirement Annuity or Drawdown with Argus
Transfer to an Approved Prescribed Retirement Product (PRP)
Transfer your pension funds to an approved PRP, which is a personal pension plan, such as the Argus Individual Retirement Plan.
Transfer to New Employer’s Pension Plan
You also have the option to transfer your pension funds to your new employer’s pension plan.
Transfer to Overseas Retirement Plan
Transfer your funds to an Overseas Prescribed Retirement Product subject to the Pension Commission’s guidelines. Requests received by the Pension Commission will be reviewed on a case by case basis.
Cash Payment
Cash payments are limited according to your policy. Rules and restrictions may apply.