Eligibility includes:
- The applicant (RSA Holder) must have an offer letter for the property duly signed by the property owner.
- RSA holders must have more than 3 years to retirement.
- Applicant must have both RSA contributions (employer and employee) portion remitted for a minimum of 60 months prior to the submission of his application.
- Applicants shall provide necessary documentation to the PFA as stipulated in sections 5.0 of the guideline.
- RSA holders that have accessed 25% of their balance prior to the issuance of the guideline are eligible to access another 25% of their balance.
Prepare for Unexpected Life Events
While your RSA is primarily designed for retirement, life sometimes happens. In certain circumstances, such as permanent job loss, contributors may be eligible to withdraw up to 25% of their RSA balance to alleviate financial hardship. This initiative offers you a safety net, providing a vital lifeline in difficult situations without affecting your long-term retirement security.
Your pension is not just a passive savings tool – it is an active part of your financial future. CrusaderSterling Pensions encourages you to explore these benefits, making the most out of your RSA today. Whether it is using your pension for homeownership, or securing peace of mind for unexpected events, your RSA is an essential asset that can work for you.
To get started, visit the ‘Benefit Application Channel‘ on our Mobile App and Self-Service Portal.
Need assistance accessing any of our platforms? Call us at 08139856160, 08139856161, or email info@crusaderpensions.com.
