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Frequently Asked Questions

  • Home
  • Frequently Asked Questions
  • Payment of Retirement Benefits

WHAT HAPPENS TO THE BALANCE IN THE RSA AFTER ANY INITIAL LUMP SUM WITHDRAWAL?

The balance in the RSA will be used to procure an annuity that provides regular income to the contributor or fund a programmed withdrawal.




Frequently Asked Questions

  • Economic Effect of New Pension Scheme
  • Governance and Integrity of the New Pension Scheme
  • Management of the New Pension Scheme
  • New Pension Scheme Introduction
  • Payment of Retirement Benefits
  • Transitional Arrangements from the old Pension Scheme

Related Content

  • PFAs Performance Record
  • FAQs On RSA Transfer System
  • WHAT DOES ‘FULLY FUNDED’ PENSION SCHEME MEAN?
  • WHAT IS PROGRAMMED WITHDRAWAL?
  • WHAT IS AN ANNUITY?
  • WHAT HAPPENS WHEN AN EMPLOYEE WHO HAS BEEN CONTRIBUTING UNDER THE NEW SCHEME DIES BEFORE HIS RETIREMENT?
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