Flex Plan: Overview

The Flex Plan was closed to new business in 2000 and replaced by the Triple C Plan.

Flex Plans written prior to 2000 continue to operate and participate in bonuses.

An employer used the Plan in a variety of ways:

• a pension or savings plan for an expatriate, third country national, or internationally mobile employee
• an accompanying spouses pension or savings plan for a spouse accompanying a partner abroad
• a vehicle to fund an agreed pension or other defined benefit for an expatriate, third country national or internationally mobile employee
• a one-off compensation or bonus payment for a key employee