How to access your Pension fund
Our aim is to help safeguard our client’s future, leaving you with a safety net long after your employment. To that end, and because we are bound by the 2014 Pension Reform Act, we do not readily grant access to RSAs unless contributors have retired, 50 years old, and are out of employment. Yet, there are other cases where we grant access to withdrawals.
When a contributor is temporarily out of employment.
Contributors who are 49 years old and younger can access 25% of their pension fund provided they have been out of work for four months.
When a contributor is deceased
Beneficiaries of deceased contributors can access the deceased’s pension fund provided that they have been listed as beneficiaries on a will.
When a contributor can no longer work due to health challenges
If contributors are unable to work because of health challenges, the Pension Reform Act allows them access to their pension fund provided that their claim is confirmed by a licensed medical practitioner.