When your Special Account (SA) is closed, the amount you could have withdrawn from your SA will be transferred to your Ordinary Account, and you can continue to withdraw this amount anytime. 

 

If you continue to work after your SA is closed, any new contributions that used to be allocated to your SA will instead be allocated to your Retirement Account (RA), up to your Full Retirement Sum (FRS).  This will go towards meeting your long-term retirement needs, by allowing you to receive higher monthly payouts from your Payout Eligibility Age.  If you have immediate needs, you can choose to set aside up to half the FRS using your property and withdraw your savings above the Basic Retirement Sum in your RA.  

 

If you require further assistance, you may write to us.