Under the National Pensions Law, no member or former member is entitled to a refund; except under the following conditions:
If the value of the member's account is greater than CI$5,000 they may transfer their account (with the Director of Labour and Pensions' approval) to an approved retirement account in another country. The National Pensions Law requires a two-year waiting period before the member`s pension can be transferred.
To be sure, the member should contact the Administrator, to ensure they meet the requirements for a refund or transfer. If they do, the member can fill out an Individual Transfer Request Form and submit it to the Administrator. Administrative expenses incurred while executing the refund, such as draft and courier fees, will be deducted from the refund amount.