Child Trust Fund
Protect Their Future: Secure Your Child’s Pension
A Child Trust Fund safeguards a deceased member’s pension benefits for their minor child, managing the funds until the child turns 18.
Benefits of a Child Trust Fund:
- Controlled Access – Funds are released only for education and welfare and when the child reaches adulthood the balance if any will be released directly to the child ensuring proper use.
- Investment Growth – Funds can be invested in stocks, bonds, or other assets for growth.
- Financial Security – Covers the child’s education, healthcare, and other needs.