Last updated: June 1, 2020. We will update this page as new information becomes available.
The amendment to the National Pension Scheme (Occupational Pensions) Amendment Act 2020 (‘NPS’) legislation was passed in the House of Assembly and is effective from June 1, 2020 until June 30, 2021.
Upon receipt of a fully completed application, Argus will review and approve the request within 10 working days and provide the refund to members via cheque or bank transfer within 20 working days. Any missing information will delay the approval process.
Once the Pension Commission approves your application, Argus will provide the payment within 20 working days.