1. International Retirement Savings Plan
Technip Singapore
International Retirement Savings Plan
Introducing Capita Employee Benefits, and Zurich
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2. PENSION BENEFITS FOR OUR OFFSHORE CREW (non-UK)
International scheme for non-UK residents
Not legal compliance – a key benefit to retain and attract personnel like you – the people who make our business
Make company contributions, if you do, at a basic or enhanced level (1% or 5% of basic pay) – you can choose your own level
5% - one of the best company contributions in the industry – for employees and workers
Proud of a scheme which is inclusive and equitable, as well as competitive
Voluntary enrolment from October 2014 for existing personnel, and 3 months following start date, for new personnel
Supported throughout by Capita Employee Benefits
Pension provided by Zurich International Life Limited
Technip Singapore is introducing a Pension Scheme for its non-UK resident personnel, from October 2014.
 It’s a way of saving for your retirement that’s arranged by TPS – and if you make a contribution into the scheme, we’ll also make a contribution on your behalf.
You may have heard of recent law for UK residents, which requires employers to ‘automatically enrol’ certain workers into a workplace pension, and make contributions towards it, but this law does not cover non-UK residents like you. TPS wanted to address this issue to ensure that all employees are treated in the same way, so we have set up an international plan.
TPS has no legal obligation to do this. Our wish to introduce an international scheme is not about legal compliance – it is about recognising your contribution and the huge value you create for Technip through your skills, enthusiasm and hard work.
 Existing personnel can opt to join from October 2014, and new starts can join three months after their contract begins.
 Contributions will be calculated as a percentage of your basic pay. In order to receive a 1% company contribution, you must contribute at least 1%. In order to receive a 5% company contribution, you must contribute at least 4%. But, broadly speaking, you will be able to choose the level of contribution you wish to make.
 A 5% company contribution compares well against industry benchmarking for UK employee-only schemes. However, when compared to retirement savings’ benefits which include day-rate personnel and international workforces, 5% is one of the best company contributions in the industry. We are proud to have built a scheme which is inclusive and equitable, as well as competitive.
 Whether you join the scheme is entirely up to you – but you can benefit from up to an additional 5% of pay to build a retirement fund with one of the best pension International pension providers in the world.
 Our provider is Zurich International Life, and we’ve been supported from the start by Capita Employee Benefits. It’s a great team.
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3. CAPITA EMPLOYEE BENEFITS
One of the largest UK employee benefits consultancies
Established relationships with offshore oil and gas sector
Award-winning Administration, Consultancy, & Technology
Supporting Technip Singapore’s retirement savings project, from design to implementation, and beyond
2,400 employees across the UK
More than 1,600 corporate clients and over 4 million company employees and pension scheme members
Part of Capita plc, a FTSE 100 company
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4. Financial strength rating
Zurich at a glance
Founded in Switzerland in 1872
One of the world’s top ten largest insurers*
Operate three business segments globally: General Insurance, Global Life and Farmers Group in the USA
Strong capital base and solvency position
Strong 3rd party credit ratings
USD 267 billion Global Life assets under administration**
International business run from Isle of Man
Isle of Man Moody’s Aaa rated jurisdiction***
Over 30 years’ experience in international solutions
Zurich was founded in 1872 and since then has been offering insurance services and solutions to help their customers understand and protect themselves from risk. Throughout their history they have been responding and adapting themselves to changing markets, flexibly and quickly. Zurich’s superior financial strength, talented staff and highly valued brand have all allowed them to offer a wide range of solutions. Over the years Zurich has grown from being a provider of insurance products to a trusted partner with their customers, often on a global scale. Today Zurich is one of the leading global insurers ranked within the top 10 by the Dow Jones ‘Insurance Titans 30 Index’, helping customers in more than 170- countries.
Zurich helps customers through 3 core business: General insurance, Global Life and Farmers (in the USA).
Zurich’s General business offer property & casualty insurance for commercial and corporate customers and is already a trusted provider to the Technip group in many locations around the world. Global life offers life insurance, savings, investments, and pensions solutions. Farmers group incorporated provides non-claims management services to the Farmers Exchanges, which are owned by their policy holders, and sell insurances to individuals and small businesses in the United States.
All Zurich customers benefits from the company’s strong capital base and solvency position, a view which is reflected by it’s double ‘A’ ratings from both Standard & Poor’s and AM Best. The life business has over USD267 billion worth of assets under its control.
The international part of this business is managed from the Isle of Man – itself a highly rated, financially stable, jurisdiction for pension management.
The 30 years of service that Zurich has already provided to its international customers, and the numerous awards it has received for its international Pension Plan since launch, gives Technip the confidence to partner with them for your benefit.
Rating agency
Financial strength rating
Ratings outlook
A.M. Best
AA-
Stable
Standard & Poor’s
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*Source: DJ Insurance Titans 30 Index. June 2014
** June 2014
*** December 2013

5. International Retirement Savings Plan
Technip Singapore
International Retirement Savings Plan
Introducing Capita Employee Benefits, and Zurich