Withdrawal Benefits

This is a lumpsum payment equal to members’and employers’ contributions plus accrued interest payable to a member who has resigned from employment, has been retrenched, dismissed or terminated on medical grounds, abolition of office, or any other cause.

(i) Supporting documents

  • Application form using Form LAPF/BEN.1;
  • Letter stating the reason of termination of employment from his/her employer;
  • Membership Card; and
  • Two stamp size photographs;

(ii) Computations of benefit

Withdrawal Benefit = Employer’s Contribution + members contribution + accrued interest
Investment
LAPF Millennium Towers Phase II to be constructed in the near future
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