25Refund of contributions where services terminate

25 Refund of contributions where services terminate

25 Refund of contributions where services terminate

Where the services of a contributor with his employer terminate for any reason whatsoever and there is not payable to or in respect of him any lump sum benefit or pension under any other provision of this Act, there shall be paid to the contributor from the Fund a refund of his contributions, together with interest thereon at the prescribed rate, compounded annually at the end of each financial year from the date on which he became a contributor until the date on which his services terminate.

s 25: Am 1983 No 64, Sch 1 (6).