The member is 55 years of age according to FNPF records and his/her birth certificate. If a member is not 55 according to FNPF records he/she must file an application to correct the details in FNPF records.
How to apply
Complete application form FNPF 9A and submit with original birth certificate.
Eligibility
- Withdrawal of all funds in his/her account.
- Eligible for pension if withdrawing for the first time or is a re-entrant after withdrawing on the grounds of marriage or migration.
Members eligible for pensions:-
- Normal members
- Re-entrant members who had rejoined the Fund after having withdrawn on the grounds of marriage or migration.
Method of Payment
Members who are eligible for a pension will be sent a Pension Option Form (9OP), detailing the available payment options.
Options are as follows :
- Full lump sum
- Life pension
- Joint pension
- Part life pension and part joint pension
- Part lump sum and part life pension
- Part lump sum and part joint pension
- Part lump sum and part life and part joint pension
Members who are not eligible for pension will be paid a lump sum payment.
Processing payment for an application for withdrawal of membership on attaining age 55 years
- Payment will be processed on receipt of the pension option form duly completed.
- Where a member opts for full lump sum payment, payment will be made within 3 working days of receipt of the pension option form (9OP).
- Where a member opts for any type of pension, payment will be made within 10 working days of receipt of the pension option form (9OP)
- Where a pension option form is not returned within 2 months of the date sent, it is deemed that the member has opted for a lump sum payment.
- All registered and approved applications must be processed within the timeframes in accordance with this policy.
- Amounts calculated for pension payments for new pensioners must be checked and approved by an authorized approving officer before the first pension payment is made.
⇒ Form FNPF 9A
⇒ Original Birth Certificate or Certified Copy
⇒ Member’s valid bank statement