← belizelaw.ai · Private Pensions, Cap. 30:01 · PART V — Ancillary and Death Benefits
Ancillary Benefits
Cap. 30:01, s. 25 · Revised Edition 2020
(1) A pension plan may provide the following ancillary benefits in relation to the pension benefit–
(a) disability benefits;
(b) survivor benefits;
(c) supplemental benefits payable for a temporary period of time;
(d) early retirement options and benefits in excess of those provided by this Act;
(e) benefits arising from additional voluntary contributions; or
(f) any other ancillary benefits approved by the
(2) The pension benefit to which a member is entitled on the date of termination of employment of the member shall include an ancillary benefit for which the member has met, on that date,
all eligibility requirements under the pension plan.
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(3) The actuarial equivalent to a pension benefit shall include an ancillary benefit to which a member is entitled pursuant to sub-section (2).
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