Overview
Fisher Investments Costa Rica is here to help ensure your financial security — today, tomorrow and in the future — with life insurance and contributions toward your retirement.
Life Insurance
Active participants in the PALIG healthcare plan are eligible for a $10,000 employer-paid life insurance policy. The policy covers the risk of a natural or accidental death. Review benefit details.
Resources
Retirement
All employees are entitled to IVM, a Social Security retirement scheme administered by the Costa Rican Social Security Fund (CCSS). The CCSS is a contributory public pension — Fisher Investments Costa Rica, you, and the government all make contributions, based on your total monthly pay:
- Employee Contribution: 4%
- Employer Contribution: 5.25%
- State Contribution: 1.41%
The minimum monthly earnings used to calculate contributions are about $500, but there is no maximum earnings used to calculate contributions, meaning contributions will be made on all earnings with no limit.
Expatriating to the United States
Employees are not automatically eligible for a distribution of Social Security contributions when they repatriate to the US, unless certain criteria are met, which includes but is not limited to a minimum number of contribution months (currently 300 months). Learn more on the Social Security Administration website.