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Temporary Access - For Medical Needs

Your Health is a Priority. We're Here to Help.

You can access funds from your Retirement Savings Account (RSA) on medical grounds. 

Supporting You Through Health Challenges

At Parthian Pensions, we understand that life can present unexpected health challenges. Your well-being is paramount, and the pension scheme is designed to provide support during these critical times.
This page explains how you can apply to withdraw funds from your RSA on medical grounds, as approved by the National Pension Commission (PenCom). This provision is for individuals who, due to physical or mental health conditions, are no longer able to continue working.

A good pension doesn’t just secure your finances — it safeguards your health too.

"A good pension doesn’t just secure your finances — it safeguards your health too."

Are You Eligible? A Simple Checklist

To access your RSA balance on medical grounds, the primary condition is that your employment has ceased due to a significant health issue. Here are the key criteria:

  • You must be an RSA holder who has stopped working due to a permanent physical or mental disability.
  •  Your condition must be certified by a qualified physician or a properly constituted Medical Board.
  • You have more than 3 years left until your official retirement date.

The Process Made Simple: How to Apply

01

Obtain the Necessary Medical Report

  • Your first step is to get a formal medical report or certificate from a qualified physician or a Medical Board.
  • This report must clearly state that you are no longer mentally or physically capable of continuing your job functions due to the health condition.

02

 Get Your Employer's Confirmation

  • You will need an official letter from your last employer.
  • This letter should confirm that your employment has ended specifically due to the medical condition certified by the physician/Medical Board.

03

Contact Us to Begin Your Application

  • Reach out to our dedicated support team to start your application. You can:
    Call our dedicated Benefit Support Line: 0800-0000000
    Email us: benefits@parthianpensions.com
  • Visit any [Link: Parthian Pensions Branch] with your documents.

04

We'll Guide You Through the Paperwork

  • Our team will provide you with the necessary forms and a clear checklist of all required documents.
  • We will help you review everything to ensure your application is complete and accurate.

05

Submission to PenCom & Payment

  • Once your application is complete, Parthian Pensions will submit it to the National Pension Commission (PenCom) for final approval.
  • Upon receiving PenCom’s approval, the funds will be paid directly into your bank account.

What You'll Need (Key Document Checklist):

While our team will provide a full list, here are the key documents you will need to prepare:

  • The official Medical Report from a physician or Medical Board.
  • The formal Letter of Retirement/Termination from your former employer, confirming it was on medical grounds.
  • A formal application letter written by you.
  • Your last payslip or evidence of total annual remuneration.
  • A valid Means of Identification (e.g., National ID, Driver’s License, International Passport).
  • Bank account details (so we know where to pay the funds).

Our team will assist you in compiling this information, so please don't hesitate to ask for help.

Frequently Asked Questions (FAQs)

For retirement on medical grounds, you are eligible to access the full balance in your Retirement Savings Account. The payment will be processed as a lump sum.

Yes, it is entirely different. Access on medical grounds is for those who cannot continue to work due to health, allowing access to the full balance. The 25% withdrawal is for those who lose their job but are still able-bodied and unable to find new employment after four months.

No. There is no age restriction for accessing your pension on medical grounds, provided the eligibility criteria are met.

Once we receive your complete application, we will process it promptly. The timeline depends on the review and confirmation process, and we’ll keep you updated while following up diligently on your behalf.

 

Need Help or Have Questions?

• Call our Transfer Helpline: 0700-00-72784736
• Email us: info@parthianpensions.com
• Visit any of our Branch Locations

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1st Floor, NIJ House,
20 Adeyemo Alakija Str,
V/Island, Lagos.

0700-00-PARTHPEN

info@parthianpensions.com

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Copyright 2025 Parthian Pensions Limited. All rights reserved

Copyright 2025 Parthian Pensions Limited.
All rights reserved

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