FAQs

Answers to the questions members ask us most often.

General Information

  • How long will I receive Pension?

    Pension is payable to the Member for life but guaranteed at 15 years.

  • Can I access my benefits Now?

    Benefits are available to any member in accordance with the PPS Act.

  • Do I get my benefits if I resign or terminated?

    Upon resignation or termination benefits will be paid out according to sections 12 and 13 of the PPS Act.

  • How long does it take to receive my benefits?

    If the member has submitted all the requirements, it usually takes two weeks to effect payment.

  • What happens in case a member dies?

    When an active member dies, his nominated beneficiaries are paid the entire accumulated fund. In case the member was already a pensioner, the nominated beneficiaries continue to enjoy the deceased member’s pension for the reminder of the 15 year guaranteed period.

  • Can I get my Lump sum?

    Once a member qualifies for Pension, he qualifies to get a lump sum payment of up to 33.33% of his accumulated benefit. The rest is used to purchase his/her annuity.

  • Who qualifies to get pension?

    Pension is be paid to a member who retires or ceases to be a member on or after attaining forty-five years of age, subject to service as a member for a continuous period of ten years or more.

  • How does one enroll into the Scheme?

    Enrollment into the Scheme takes place after either swearing in as a Member of Parliament/ Ex-official or getting employed as a Commission staff on permanent and pensionable terms and submitting duly completed Enrollment and Nomination forms to the Scheme.

Pension Business

  • Who can access mid -term benefits?

    Mid-term benefits of up to 20% are paid to a member on or after attaining forty-five years of age, subject to service as a member for a continuous period of ten years or more on request.