This is possible provided the amount left in the RSA after such lump sum withdrawal shall be sufficient to fund a Programmed Withdrawal or Life Annuity of not less than 50% of the retiree’s monthly remuneration as at the date of retirement.
- 22. What happens to a retiree with an insufficient balance in his/her RSA?
- 20. What happens to the balance in the RSA after any lump sum withdrawal?