Business

New Guide Line on Voluntary Contributions Withdrawal

New Guide Line on Voluntary Contributions Withdrawal

SUBJECT:       WITHDRAWALS FROM VOLUNTARY CONTRIBUTIONS 1.0 Section 4 (3) of the Pension Reform Act, 2014 allows active employees under the Contributory Pension Scheme (CPS) to contribute voluntarily in addition to the mandatory contributions into their respective Retirement Savings Account (RSA) in…