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This payment type applies to Retirement Savings Account (RSA) holders who have attained the qualifying age of 50 years and have retired from service but have RSA balances that are below N550, 000.00. Extant regulation provides that the entire balance be refunded to the RSA holder En bloc.

An expatriate (non-Nigerian national) working in Nigeria can access the balance in his/her Retirement Savings Account when relocating to his/her country while clients resident abroad can submit notarized copies of their documents via email for further processing.

Please note that the National Pension Commission (PenCom) has directed that ALL RSA holders (Active and Retired) should carry out data update exercise.