Section 28: Withdrawal grant.
(1)
Subject to the provisions of this section a withdrawal grant of the amount prescribed in the Fourth Schedule to this Act shall be paid to a member of the Fund if he satisfies the Director-
(a)
that for at least one year immediately preceding the application the member of the Fund has not been employed as a worker; and
(b)
that the member of the Fund has attained the age of fifty-five years.
(2)
Where the Director is not satisfied that a member of the Fund has attained the age of fifty-five years he may, if he thinks fit, pay to the member by instalments or otherwise from the Fund such sum as, with the cumulative total of subsidiary benefits, does not exceed the worker's contribution to the Fund.
Cite this section
Section 28, NATIONAL PROVIDENT FUND ACT (1961).
https://repo.podus.ai/laws/national-provident-fund-act/section/28/