FAQ - Pension Fund

FAQs for Employees

 

(Q) How can I withdraw my benefit from the Accrued Benefits?

(A) You can withdraw all your money from the fund under one of the following circumstances:

Termination of employment;

Retirement / early retirement;

Death

 

(Q) How can I check if I have any contributions in my Pension Fund account?

(A) You can check your account balance through the following channels:

The Personnel Department of your company;

Your Employee Statement will be sent to you semi-annually;

Visit our website.

 

(Q) Can I postpone the withdrawal of my fund units held in the Account at my retired age or resigned from my current employer if there is a financial downturn at that time?

(A) Yes, you can decide to become a "Deferred Member" if you would like to keep your units in the funds when you have retired or resigned from your current employer. The investment period can be extended until you deem it is the appropriate time for redemption.

 

(Q) If a Pension Fund scheme member passes away, how will their Accrued Benefits be treated? Can the member designate a beneficiary beforehand?

(A) According to our Pension Fund Management Regulations, you can designate more than one beneficiaries of your own choice by filling in the details of beneficiaries in the Employee Application Form.In cases where no beneficiary is designated, the Accrued Benefits will be paid to the member's legal personal representative and distributed according to his will or under intestate laws.