Corporate Services | End of Service Savings Plan

Corporate Services | End of Service Savings Plan

Corporate Services | End of Service Savings Plan

End of Service Gratuity (EOSG) is a statutory obligation for companies across many Middle Eastern jurisdictions, and is designed to help fund employees’ future retirement needs. The requirement for a company to pay EOSG is well known and a frequently talked about subject.

Our EOSG services for institutional asset managers include:

  • Employer sponsored workplace savings / retirement plans
  • End of service funding plans
  • Employee benefit trusts
  • A bespoke EOSG solution tailored to specific requirements influenced by the company’s specific corporate objectives, needs and budget 
  • An ‘unbundled’ approach with typically fixed fees, meaning greater cost efficiency, flexibility and a secure, structured, low cost. This means employers can fund their payment obligations throughout the employee’s employment, and beyond, if required
  • A range of services from simple trust structures which ring fence funds, to sophisticated fully interactive solutions which give employees the freedom to access and manage their own funds and data online
  • An opportunity for employees to utilise the structure to make voluntary contributions direct from salary

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