Where a member is over the age of 55 years and have re-entered the Fund after full withdrawal under Retirement ground, the Fund permits them to withdraw funds periodically for their various needs.
Guidelines
- The member must be over 55 years of age according to FNPF records.
- The member must have rejoined the Fund after withdrawing under retirement ground.
- There is no limit on the amount applied for but member must leave a minimum balance of $250 in their account at all times.
- The member can apply for this assistance twice per calendar year but there must be an interval of 6 months between each application.
- Any application that does not meet the above criteria will not be accepted.
Documents to be submitted with the application
- The member must make an application using Form FNPF W30/3.
- Evidence from the member’s banker confirming the member’s open bank account number for payment deposits. Evidence should not be more than a month old.
Method of Payment
Payment is made direct to the member’s bank account.
Payment is made direct to the member’s bank account.
For any queries regarding the above, please Contact Us!