Let us help you enjoy your retirement!
The SVGTCCU Retirement Saving Plan (RSP) is designed to provide our members with finance for their retirement. The plan allows you to select a maturity date, and to schedule payments. Payments can be made monthly or annually. Your average annual balance will gain an interest rate of 4% per annum. Payments would be made on the first working day after the maturity date. Your payments can be received as either installments or the full lump sum.
If death occurs before the maturity date, the fund will be paid to the holder’s named beneficiary/beneficiaries upon the submission of proper identification.
Retirement Savings Plan Requirements:
- Must be a member of the Credit Union