T-Day (retirement reform changes)

[Matt91]

So this morning I got this in my inbox from HR, just trying to understand exactly what this means as my HR lady's explanations are pretty terrible and she's just confusing everyone with her answers being all over the place. As far as I understand it, all member contributions to the company provident fund AFTER 01 March 2021 will be treated exactly the same as an RA whereby you only have access to your contributions once you are of retirement age or financially emigrate, but everything you contributed BEFORE 28 Feb is still accessible when you resign?

 

[Hamster]

To me it looks like the only change that happens is what you are allowed to do with your provident fund come retirement. Should you quit your job before then (and therefor the group scheme) you should still be able to cash it out as you can now.