25% Withdrawal Application

A Retirement Savings Account holder below the age of 50 years may with the approval of the National Pension Commission (PenCom) withdraw an amount of money not exceeding 25% of the current balance in his/her RSA after being unemployed (voluntarily retires, disengages or is disengaged) for a period of at least four (4) months.

See below the requirements for 25% withdrawal application.

The application documents should be submitted at any Stanbic IBTC Bank Branch nearest to you to enable us forward your application to PenCom for payment approval.

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