To be proud of our service by providing confidence for the future.
The Hotel Employees Provident Fund constitutes one of the largest pension organizations operating in Cyprus in respect of the number of its members (12,859) and also the greatest Fund of the private sector based on its portfolio value.
The contributions of the Members are credited to the Account A of the Fund while the contributions of the employer are credited to the Account B. Read more…
HOTEL INDUSTRY EMPLOYEES PROVIDENT FUND
This year’s Annual General Meeting of the Provident Fund is expected to take place in autumn.
The PWC fund’s auditors are not in a position to present the audited accounts, since they do not know yet the current value of the Cypriot bank securities the Fund holds, and which are in the Hellenic Bank, Alpha Bank Cyprus and Eurobank Greece.
CYPRUS – Losses at Cyprus' €300m Hotel Employees Provident Fund will be limited to around 5% this year, as its diversified portfolio and good non-bank deposit returns cushions the impact of the country's bank bailout deal, the fund said. Read article here
The President of the Republic of Cyprus together with the House of Representatives have committed not to let the depositors of Provident Funds suffer losses.
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Withdrawal of Contributions
11/03/2015 to present is 2.50%
25/06/2013 - 10/03/2015 was 3.00%
20/11/2012 - 24/06/2013 was 4.25%
26/07/2012 - 19/11/2012 was 3,75%
01/10/2009 - 25/07/2012 was 4,00%
13/05/2009 - 30/09/2009 was 2,00%
08/04/2009 - 12/05/2009 was 2,25%