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Withdrawal dilemma | Agent seeks law change to rejoin retirement fund
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Withdrawal dilemma | Agent seeks law change to rejoin retirement fund
A life Insurance Corporation of India (LICI) sales agent has urged the FNPF to amend its laws to allow members to rejoin. Vinod Kumar told the FNPF 2011 Act review committee last week that he withdrew his money after reaching the age of 55. The Lautoka resident, who is now 67, is still in full-time employment with LICI as a sales agent and insurance adviser. “I fully withdrew when I reached 55, but I was allowed to rejoin. My deductions and cont…
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