|
PFP Group | Shepherds Friendly Society
ECB Group Personal Pension Plan for Professional Cricketers
You are entitled to pension contributions from your County Club.
Employer Contributions - 10% of your basic salary.
Employee Contributions - 5% of your basic salary.
Retirement Age - Players who were members prior to 1st April 2006 have a protected age of 40. All other players have an earliest retirement age of 55.
Benefit - A tax free cash sum of 25% of the accrued fund plus a pension from the remaining 75% of your fund.
Life Assurance
Eligibility - all Professional Players with a contract at a First Class County. Cover is maintained between the 1st April and 31st March in each year whilst under Contract.
Benefit
- Lump Sum Death Benefit
- 4 times Basic Salary (generally paid tax free)
Death In Service Pension - only provided for members of the ECB Group Personal Pension Plan for Professional Cricketers.
Benefit
Expression of Wish Form
It is important that you keep your Expression Of Wish form up to date to enable speedy settlement.
To watch a pod cast with further information click here
To read the members booklet click here
Income Protection Insurance
If you have your career curtailed by injury or illness which prevents you from playing cricket, you may be eligible to claim a percentage of your finishing salary for up to a maximum of 2 years.
- To qualify you must be a contributor to the ECB group personal pension scheme.
- Payment will not commence until after 26 weeks of absence
- % of Basic Salary dependant on age:
75% 17 to 29 years
50% 30 to 34 years
25% 35 to 40 years
- Players whose Contract Period ceases before payment commences are still eligable. Payment is subject to full medical evidence.
For more information, contact Pam Wightman on 0142 3521 111 ext 289 or Graham Sheppard on 0142 3521 111 ext 231 at PFP Group.
Shepherds Friendly Society Ltd
When you're playing a highly physical, high intensity sport like cricket, the chances of injury and an extended period away from the game are considerable. That means it's more important than ever to take a close look at a new Income Protection Plan designed specifically for professional cricketers.
- Designed exclusively for professional cricketers
- Available to a player aged from 18 up to and including age 35
- TAX-FREE monthly income up to £5,000 a month
- Benefits up to age 65
- Waiting periods of 13, 26, 52 and 104 weeks available
- Quick and simple application with no medical required
- Highly flexible to suit your specific needs
For a leaflet with further details of the Premier Protect Plan, please click here
For a summary of key features, please click here
Please click here for rates, and click here for Terms and Conditions
|