VOLUNTARY CONTRIBUTION CLARIFICATION CPFA VOLUNTARY CONTRIBUTION CLARIFICATION CPFA News
March 3, 2020

Further to our engagement with the National Pension Commission (PenCom) on the letter dated 8th October 2019 offering clarification on guideline on accessing Voluntary Contributions made by employees under Closed Pension Fund Administrators (CPFAs), we are pleased to inform you that PenCom has agreed on a one-month window to access your Voluntary Contribution in full or partially.
This takes effect from 2nd March 2020 to 31st March, 2020. Any balance left after this window closes and can only be accessed at retirement or exit of employment in line with the provision of the guideline. Note that the following applies only to employees of an organization that operates a Close Pension Fund Administration (CPFA) and employed prior to June 2014.   Required documents are listed below:  
  1. Copy of letter of employment
  2. Valid means of identification
  3. Tax card
  4. Completed voluntary contributions withdrawal form
  5. Completed application for payment from Retirement Savings Account – AVC 
  For online applications, kindly click here to begin .   Please ensure your applications are submitted to Leadway Pensure PFA on or before 27th of March, 2020 in order to ensure ample time is provided for onward transmission to PenCom ahead of the provided deadline.
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