How Do I Earn Credits Towards My Pension?

You earn credits by working for an employer who contributes to the Plan. You earn 2.5% of a pension credit for each weekly pay period that you work in covered employment. This means that by the time you’ve worked 40 weeks in a year, you’ve earned one full pension credit for that year (which is the most you can earn in a year). The maximum number of pension credits you can earn in a lifetime is 25. We keep track of your credits throughout your career, from the day your Pension Plan participation starts until the day it ends.

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Contacts

Pension Fund Office,
Workers House

Tonique Williams-Darling Highway
Postal Address SS-6279
Nassau, The Bahamas

T: 242-322-5123
F: 242-322-5133

Office Hours:
9 a.m. – 5 p.m.
Monday to Friday

Pension Fund Office,
Workers House

Settlers Way
Postal Address F-40383
Freeport, The Bahamas

T: 242-351-7832
F: 242-351-6902

Office Hours:
9 a.m. – 5 p.m.
Monday to Friday