|
|
|
|
| Return 6,55% for 2009 |
4/16/2010 |
The Management Committee, afterconsidering the final results of the Fund for the year 2009 and after being briefed by the Financial Committee, has unanimously approved the final accounts for the year ended on 31/12/2009. The income in favour of the members of the Fund came up to 15.626.769 which corresponds to 6,5511% in terms of return and this amount has been allocated to the accounts "A" and "B" of the members on the 31/12/2009.
|
|
| IPE Awards 2009 |
11/21/2009 |
Hotel Employees Pension Fund wins the IPE Award Best Pension Fund from a Smaller European Country 2009 and second place for the Best European Industry-Wide Pension Fund.
We are delighted to announce that at the ninth annual IPE European Pension Fund Awards held in Dublin on November 18, the Hotel Employees Pension Fund won the IPE Country Award for Best Pension Fund from a Smaller European Country 2009. This is the first time this award for pension funds in European countries with...
|
|
| Set of the instalment for the loans of members |
09/28/2009 |
The Management Committee of the Fund in a meeting held on the 16th September 2009, has decided that for facilitating the members to calculate their instalments, even before making the loan, the instalment shall be €10 for each €1.000 borrowed. For instance, if a person makes a loan amounting to €5.000, his monthly instalment shall be €50 ( €10 x 5).
|
|
| New procedure for the issue of loans to members. |
28/09/2009 |
As regards to the above matter, we have contacted you on the 03 September 2009 through an announcement posted on the website of the Fund with title “Rate of interest on the loans of members” with which we explain the reasons and how the loans provided by the Provident Fund shall be carried out as from the 1st October 2009 and onwards.
|
|
| Interest rate on the loans of members |
03/09/2009 |
The Management Committee of the Fund in a meeting held on the 29th July 2009 decided to increase the margin of the new loans to be provided to the members of the Fund as of the 1st October 2009, so as to comply with the legislation.
|
|
| -1.85% Return for 2008 |
07/05/2009 |
The Management Committee after studying the final results of the Fund for the year 2008 and after the information received by the Final Accounts Consulting Committee, have unanimously approved the final accounts for the 31/12/2008. The earnings in favour of the members of the Fund for the 2008 were negative and come up - €4.580.362 which in terms of performance is – 1,85%.
|
|
| President speech for the activities of 2008 |
05/05/2009 |
Dear guests,
Dear members,
On behalf of the Management Committee of the Fund, we welcome you to the 41st Annual General Meeting of the Hotel Employees Provident Fund. I sincerely thank you for honouring us with your presence today and for giving us this opportunity to present to you the activities and work of the Fund for the year which expired on the 31st December 2008.
|
|
| Management of the Pension Funds of the Second Pillar |
03/11/2008 |
The management Committees of the Provident and Pension Funds should have as main concern to draw up and implement an Investment Strategy to contain specific targets which will yield the desirable results on a long term basis.
|
|
|
|