Construction Executive Retirement Savings
With over 3,000 active and deferred members, CERS is an umbrella scheme providing pension and protection benefits to individual employers in the Construction and Related Industries. Through its flexible structure, CERS can meet the particular needs of each Employer and Member by providing bespoke and varying pension solutions for each participating employer.
Benefits of CERS at a glance
Competitive charging structure with no charges on transfers in or out of CERS. No additional charges for standard expert legal and actuarial advice.
Full range of retirement options available. For members who choose the pension route, CERS offer not for profit discount rates when converting fund values to pension.
CERS is a Master-trust arrangement with an independent Trustee Company. This removes the burden of time and cost for employers and provides peace of mind at no extra cost. It is an easy process for an Employer to set up a new CERS arrangement.
Wide range of investment choices including a Multi Asset Fund Please refer to www.cers.ie/funds for details of the various investment options available and charges applying.
A Lifestlying investment option offering a de-risking strategy for members as they approach retirement.
A safe and secure platform providing 24/7 Member On line access to their account information and values.
An interactive online pension projection calculator. This is a tool to help members estimate what their projected benefits would be at retirement based on the current level of contributions to the Scheme.
Experienced CERS staff are on hand to provide employers and members with comprehensive information through our easy to understand documentation, staff presentations and one to one meetings.
Choose from various levels of protection which can include benefits on death in service such as a lump sum benefit, a spouse’s/dependant’s pension and a children’s pension at competitive premiums
Normal retirement age can be between age 60 and 70. Early retirement is generally possible with the employer's and/or trustees' consent from age 50 onwards.
To visit our website please click here