Your balance in your account is made up of three components;

• Employer component;
• Employee component (member portion);
• Interest added by the FUND.

The Employer component is not entitled to you until all those contributing employers you have worked with confirm/approve through the required employer references for the FUND to action accordingly.

If all documents are in order it will take 2 – 3 weeks for files lodged in Port Moresby and 3 -4 weeks if lodged outside of Port Moresby.

No, your funds are purposely for ‘Retirement’ you are not allowed to withdraw until you have reached retirement age or if are eligible to withdraw under other ‘approved withdrawal status’ such as; emigration, disability, death or un-employment.

You will only claim funds if you are a nominated beneficiary. Documents required to claim funds include; every nominee must provide the following documents when lodging an application.

• Withdrawal Application by nominee(s) (SF22).
• Bank Statement of nominees.
• Death Certificate.
• Warrant of burial.
• Letter of confirmation from pastor/priest or village counsellor.
• Employment reference(s).
• Identification (ID or birth certificate) of nominees.

You must be an active contributor for 5 consecutive years. For more information please email: housing@nasfund.com.pg

If all documents are in order, the process will take 2 – 3 weeks to process if it was lodged in Port Moresby and 3 – 4 weeks if the application is lodged outside of Port Moresby.

Members must have on hand the following documents to lodge a clean application for faster processing of funds.

• Withdrawal form (SF21)
• 3 months Bank statement
• Nomination Form (SF2)
• SF6 Form (monthly return of members who have left service).
• Identification Card or letter from the most recent employer.
• Letter of references from past employer(s).

If a member is un-employed after 3 months and is facing financial hardship, he/she is eligible for a partial withdrawal. If the member has still not found employment after 12 months. He/she is eligible for full withdrawal.

Partial withdrawal is for members who are still out of employment after 3 months and are facing financial hardships. The FUND will pay you your most recent fortnightly gross salary, but on a monthly basis. Your Gross salary will be taken from your employer reference that is a required document when lodging your application.

Send an email to help@nasfund.com.pg with the following information; full name/current or last employer/ date of birth and name of one of your nominated beneficiaries.