STAY INFORMED

01-Aug-2024
Declaration of Final Interest Rates
The Fund has declared final interest rates for the various portfolios. Read the attached article for all the details.
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21-May-2024
The Importance of Pension
This article highlights why is is important to have a pension. There are various reasons, and we encourage our members to read this article so they are better equipped when it's time to retire.
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29-Apr-2024
Addition Voluntary Contribution
This article takes you through what AVC is and gives a practical example to better help you understand the importance of taking up some additional contributions.
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FAQ

An Annuity is a contract agreed upon by a retiree and the retirement fund or an insurance company detailing how monthly pension payments would be made to the pensioner for the rest of his or her life.

When a member retires, he or she has the option to either buy a monthly pension (annuity) from the BPOPF or from an insurance company…

Members closer to retirement have a lower ability to take risk. In case of a loss they may not have sufficient time to recover before they retire. Their objective is, therefore, to preserve what they have accumulated over the years. To achieve this objective their money is invested in a Conservative Portfolio.

From April 2014, the…

When a member passes on, the whole benefit is paid out to the beneficiaries. BPOPF/ Employer undertakes investigations that will detemine the apportionment of the member’s accumulated pension to the beneficiaries.

Members

164977 +

Total Assets

100 BILLION +

Liabilities

90+ BILLION

The Fund’s investments are divided between four separate portfolios:
• Active Member and Deferred Pensioner Portfolio,
• the Pre-Retirement Switch Portfolio – designed to preserve members capital as they approach retirement.