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Pension Fund Contribution Form

Pension Fund Contribution Form

Name of Pension Fund:

Contributor Information:

Contribution Details for 'Self' Contribution:

Note:

  • Cash will not be accepted. Payment shall be made in favour of ’CDC Trustee HBL PensionFund’ or 'CDC Trustee HBL lslamicPensionFund’.
  • Instrument should be crossed 'Account Payee Only'.
  • In case of Employer/Third Party initial contribution, ’Employer & Third Party contribution Form’ should be attached with details.

Declaration & Signature:

I have carefully read, understood and agree to abide by all the rules, regulations, terms and conditions given in this form. The details provided by me are true, correct and complete to the best of my knowledge and belief, and the documents submitted along with this application are genuine. I hereby undertake to promptly inform the company of any changes to the information provided in this form. I hereby accept that the company may at any time in the future require verification before processing any requested transaction in this account; the verification procedure may include recording instructions, requiring certain identifying information before acting upon instructions and sending written confirmations.

I have carefully read, understood and accept the terms and conditions given in the Trust Deed and Offering Document of the Fund. I understand that the company may amend or alter the terms and conditions referred herein and hereafter, from time to time. I have understood that investments in Pension Funds are subject to market risks and fund prices may go up or down based on market conditions. I have understood that past performance is not necessarily an indicator of future results and there is no fixed or guaranteed return. I understand that my withdrawals made from the Fund, prior to retirement will result in a tax penalty/withholding tax. I have no objection to the Prescribed Investment Policy and Prescribed Application Policy determined by the Commission and the Pension Fund Manager and I am fully aware of the risks associated with the Prescribed Allocation Schemes.