Benefit administration is the process of the payment of retirement and terminal benefits as well as administration of Voluntary Contribution for contributors of Legacy Pension. According to section 7, sub-section (1) of the Pension Reform Act, 2014,  a holder of a Retirement Savings Account (RSA) shall upon retirement or attaining the age of 50 years, whichever is later, utilize the amount credited to his or her (RSA) for the following benefits;

  • Lump sum withdrawal
  • Programmed Withdrawal
  • Temporary Access (25%) to RSA
  • En bloc Payment
  • Death benefits Administration
  • Voluntary Contributions withdrawal