Q: What happens to my Retirement Savings Account when I change jobs?
A: A change of job will not affect your Retirement Savings Account (RSA) as this is your RSA for life. When you change jobs, you will be required to notify your new employer of the PFA that manages your account and your RSA number and also update your employment records with your PFA. Your employer will then contact your PFA to get the details of your PFC in order to remit your contributions. |