This occurs when an employee voluntarily retires, disengages or is disengaged from active service before attaining the age of 50.
This category of retiree can only access up to 25% of the balance in their RSA 4 months after disengagement; the remaining balance can only be accessed after the retiree attains 50 years of age through a lump sum and programmed withdrawal or annuity. It is important to state that 25% of the RSA balance can only be accessed once.”
Requirements to be fulfilled by the RSA Holder
A RSA holder who retires before the age of 50 years and wishes to apply for 25% of his RSA balance shall provide the documents listed on the checklist for 25% application while clients resident abroad can submit notarized copies of their documents via email.Click here to download 25% withdrawal checklist.