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Latest News: In compliance with the Pension Reform Act 2004, every contributor to the NSITF scheme is hereby advised to update his/her records for the subsequent transfer of the accumulated contributions... click for more

 
 
 
 
Voluntary Contribution Scheme

 

Voluntary Contribution Scheme

We also provide advice to clients that require information on the Voluntary contribution scheme.

This is applicable to existing account holders who may want to contribute more that the statutory contribution of 7.5% of relevant income per employee and employers respectively.

Withdrawal From Voluntary Account

Subject to approval from the National Pension Commission, any holder of Voluntary Contribution Account may withdraw from the account after 5 years of contributing into the account which is tax free and may also withdraw within 5 years but will be subject to some level of tax.