BF&M - FAQ and Answers

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The application process for the one-time Pension Withdrawal of up to $6,000 per the COVID-19 Pension Act Amendment is open. Click here for details or to apply
For questions regarding the pension withdrawal, call +1 441 298 0358 or email customercare@bfm.bm

Back to FAQs

What is the required contribution on a monthly basis?

Effective 2004, the minimum contribution is 5% each from the employee and the employer. You may make voluntary contributions as well, however, these are not matched by your employer.

More Payments FAQs

Can I contribute over the age of 65?
How do I know if I'm saving enough for retirement?
How do I make a contribution?
How do I make voluntary contributions?
How long does it take to process and invest a contribution?
What is a deductible?
If I submit a claim under my Public Liability Insurance policy, is a deductible/co-pay/excess applicable?
Do I qualify for a discount if I have installed fire and security alarm systems?
Will my group's insurance premiums increase if someone gets sick?
What payment methods are available to fund our contributions?

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