At Mauve, we value our EoR workers and want to ensure that they have a secure and comfortable retirement. That's why we offer a retirement savings plan through a partner that gives our clients the opportunity to contribute towards a savings scheme for EoR workers. Here is some important information about our retirement plan that you should know.

Our retirement plan is available to all EoR workers who are deployed in countries where Mauve is the direct employer and our partner is compliant with the laws of that country to provide this benefit. This means that if you are a Mauve EoR worker in one of these countries, you are eligible to participate in the retirement plan.

It's important to note that our retirement plan is not meant to replace any mandatory, social, or occupational pension plans. It is an additional savings option for your retirement and top-ups can be made only by the client to provide a worker with additional retirement funds. Please note that employee contributions through payroll are not applicable for this plan and that this is an employer funded retirement contribution scheme.

Funds for the retirement plan are invested around the 22nd of each month. This means that your contributions will be invested on a regular basis, helping your savings grow over time and you can chose from a variety of investment plans to grow your fund.

If you are and EoR worker for Mauve then you can speak to the end client to see if this a benefit that they are willing to offer. If you are a client, then you can reach out to Mauve to establish this additional benefit. Mauve will arrange the enrolment in to the scheme for the worker.

Our partner offers a set age at which funds can be accessed which is when the workers turns 55 years of age. Our partner will contact the worker ahead of this to receive the necessary documents to certify payout. This is to ensure the security of retirement funds and prevent any potential fraud. Once this is done, the worker will receive a lump sum payout of retirement savings.