A member, who leaves the service of the sponsor through either resignation or dismissal before attaining the statutory retirement age, is entitled to 50% of the total contribution and interest accrued; and the remaining 50% of the total contribution and interest accrued at the statutory retirement age. The deferred benefit continues to earn interest until the member attains the statutory retirement age.

• The reasons for closure should be fully stated for the Board to determine under which Section of the Act refund is due.
• This Notice of closure of account and application for refund should be sent to the Fund as soon as it is known that a Contributor is leaving. It is not necessary to wait until all the contributions have been sent.
• A copy of the Bank Card confirming the Account Details; Bank, Branch and Account Number. Please note the payment will be done through Bank Transfer (EFT) only.
• A copy of the letter supporting the reasons for closure referred to under Note (1) above should be attached.
• Copy of National Identification Card (ID)