🌿 Ruzu Non-Alcoholic Herbal Bitters
Ruzu Non-Alcoholic Herbal Bitters is a natural health supplement specially formulated to:
- ✅ Promote general wellness
- ✅ Detoxify the body
- ✅ Support the treatment of various ailments
Made from a powerful blend of 100% organic and medicinal herbs, Ruzu is completely alcohol-free, making it ideal for:
- 👪 All age groups
- 🌱 Health-conscious individuals
- 🌿 Anyone seeking non-alcoholic herbal remedies
Whether you're looking to boost your vitality, cleanse your system, or support healing the natural way, Ruzu Bitters offers a trusted herbal solution.
Nigerian employees may access a portion of their retirement funds while they are still employed under the Contributory Pension Scheme regulations of the National Pension Commission, but only under certain circumstances.
Employers and employees make monthly contributions to a Retirement Savings Account as part of the program.
Although some situations allow for early withdrawal, these savings are typically meant to provide a consistent pension income upon retirement.
One such circumstance is when an employee loses their job and doesn’t find another one for at least four months.
In that case, the person can take out up to 25% of his RSA amount.
The employee must provide a written acceptance letter of resignation or disengagement from his employer in order to be eligible.
The commission “granted approval for the payment of N6.31 billion (being 25% of their RSA balances) to 9,966 RSA holders under the age of 50 who were disengaged from employment and unable to secure another job within four months,” according to PenCom’s Q4 2022 report.
Employees have the option to voluntarily contribute to their RSAs in addition to the required savings, which provide additional flexibility but are governed by regulations and taxes.
According to PenCom’s current criteria, half of the voluntary contribution is “contingent,” meaning it can be withdrawn, while the other half is locked until retirement to augment pension income.
Income tax applies to any withdrawals made from this contingent share.
“In accordance with Clause 3.13 above, (50%) of every amount lodged as Voluntary Contribution shall be treated as ‘contingent’ and available for withdrawal by a contributor, while the remaining 50% shall be treated as ‘fixed’ until retirement date,” according to PenCom’s voluntary contribution standards.
The Micro Pension Plan covers workers in the informal sector, such as independent contractors or employees of very tiny businesses.
According to reports, they can access up to 40% of their RSA savings after making payments for at least three months, with the remaining 60% set aside for retirement.
Nigerians without typical official retirement benefits can now get pensions thanks to this option.
Funding the equity part of a home mortgage with RSA savings is an additional option.
Eligible RSA holders may use up to 25% of their RSA balance to finance the equity part of a house loan in accordance with rules based on Section 89(2) of the Pension Reform Act 2014.
The “contingent” part of their funds may also be used for the equity payment if they have made voluntary contributions.
Experts caution that these characteristics have trade-offs even though they increase flexibility and promote objectives like home ownership.
The amount of money available after retirement is decreased by early withdrawals, which may result in lower monthly pension benefits.
Many people who have access to both mortgage-equity funds and job-loss withdrawals may only receive a little pension when they retire.
