Unique Features
Defined Benefit Participating Employers

It is very time-consuming for employers to run their own Stand Alone Defined Benefit Fund. Escalating costs to run a private fund also put more and more pressure on defined benefit (DB) private funds to convert to a defined contribution (DC) arrangement. However, many Defined Benefit funds do not have the surplus funds needed to enable the conversion to a Defined Contribution arrangement.

The eFund offers a unique solution by accommodating participating employers with a Defined Benefit arrangement under the umbrella retirement fund. This is a more cost-effective solution where the operational- and statutory costs are shared between the participating employers, resulting in an increased funding towards retirement without increasing the contributions.

Through the eFund umbrella retirement fund, employers can offer employees a range of retirement and associated risk benefits. Employers can focus more on their core business without the time-consuming effort of running the arrangement themselves.

The eFund’s approved Consultant only needs a “letter of investigation” to do a comprehensive investigation without any cost or fee involved. A comprehensive Investigation Report will be provided free of charge, spelling out all the results and propose the solutions to save on operational- and statutory costs as well as costs like the administration, group risk benefits and investments.