The MAPFRE MSV Life WorkSave Pension Scheme is a registered Qualifying Voluntary Occupational Pension Scheme and a linked long-term contract of insurance in terms of the Insurance Business Act, Cap 403. The Scheme is approved by the Commissioner of Inland Revenue as a Qualifying Scheme in accordance with the Law. 

Our Company, being part of the MAPFRE Group, is well positioned to effectively support employers and their employees by setting up their WorkSave Pension Scheme and administering such a scheme throughout their working life and into retirement. 

Interested to find out more?

• Our dedicated Corporate team will guide you through the process
• We are here to assist you throughout your journey

Risk Warnings:

• The value of your investment may go down as well as up and you may get back less than you originally invested.
  
• Tax treatment depends on the individual circumstances. Tax legislation and the amount of rebate may change in the future

For more information kindly visit the following link: https://www.mapfre.com.mt/business-insurance/employee-benefits-workplace-pensions/

Tax credit of 25% of every contributions that the employee makes into the scheme, subject to a maximum tax credit of €750 per annum, as per current legislation

EMPLOYEE BENEFIT 1

No Capital Gains Tax on investment income whilst retirement savings accumulate

EMPLOYEE BENEFIT 2

No tax is paid if the retirement savings are received by beneficiaries as a death benefit

To increase retention efforts

BE THE EMPLOYER OF CHOICE

MAPFRE MSV Life offers a choice of retirement solutions’ to both individuals and employers. All our solutions are flexible and can be individually tailored to meet the needs of both individuals and employers 

To enhance your reputation and become an “employer of choice’

To increase employee satisfaction

To enable you to recruit and retain quality employees

To allow flexibility to your employees over their savings

Set up a Pension Scheme that ensures a better retirement for your employees.

EMPLOYER'S BENEFITS

EMPLOYEE BENEFIT 3

EMPLOYEE BENEFIT 4

At retirement, up to 30% of the retirement savings can be taken as a tax free lump sum

WORKPLACE PENSIONS SCHEME

MAPFRE MSV Life p.l.c. (C-15722) is authorised by the Malta Financial Services Authority (MFSA) to carry on long term business under the Insurance Business Act. MAPFRE MSV Life p.l.c. is regulated by the MFSA. 

To benefit from Tax Credits

To take advantage of our easy set up and effortless administration

• Tax credit of 25% of every contribution that you pay on behalf of an employee, subject to a maximum tax credit of €750 per employee per annum, as per current legislation
• Contributions that you pay on behalf of an employee are tax deductible up to €2,000 per annum

TAX BENEFITS FOR EMPLOYERS

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