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WHAT IS THE MINIMUM PERIOD REQUIRED BY AN EMPLOYEE TO QUALIFY FOR PENSION UNDER THE ACT?

April 26, 2017ACT employee minimum Pension period qualify

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WHAT IS THE MINIMUM PERIOD REQUIRED BY AN EMPLOYEE TO QUALIFY FOR PENSION UNDER THE ACT?

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There is no minimum period required to qualify for pension as each employee has his individualized Retirement Savings Account. Withdrawal from the account is, however, limited to retirement according to an employee’s condition of service or attainment of the age of 50.