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SRS account start date determines when penalty waiver kicks in

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Annabeth Leow

Annabeth Leow

Published Mon, Aug 19, 2019 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Singapore

    WHEN can account holders withdraw funds from voluntary Supplementary Retirement Scheme (SRS) accounts without incurring penalties?

    That depends on the retirement age in force when account holders first paid into the kitty, under a policy that pre-dates the latest plans to raise retirement and re-employment ages.

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