Can a retirement annuity lapse?

Question:

Answer:

Kishan, No, a retirement annuity can not lapse. Once contributions are stopped, the retirement annuity becomes "paid-up", but it remains invested and can be claimed only once the member reaches age 55.

The information and answers supplied in this section do not constitute advice as defined by the Financial Advisory and Intermediary Services Act, 37 of 2002.

Category: Retirement Annuity

Topic: Customer Questions

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Can a retirement annuity lapse?

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