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PO Box 479, Port Mores by National Capital District Papua New Guinea Master Trust pH: 322 4544 Fax: 320 2562 APPLICATION FOR HOUSING ADVANCE Section 90 4): Superannuation (General Provisions) (Amendment).
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Materialise FAQ
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One can not transfer superannuation funds to ncsl while being an active member of nasfund. If I am already a member of another savings & loan society, can I still join the ncsl? No. The Registrar of savings & loan societies does not allow members to join more than one society.
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How long will it take to process my withdrawal application? 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. How long do I have to be a member to be eligible for Housing Advance?
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When am I eligible to withdraw my funds? 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 12months.
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Eligibility Criteria Must be a Member of an Approved Superannuation Fund for five (5) consecutive years; The amount you are applying for must be a minimum of K1,000 for your first advance; Member may receive second advance after fully repaying the first advance.
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Page 1 Payroll Number. Member Number. Gross Fortnightly Salary. K. Given Name: ... Section 4: Nominees Details. Percentage. Name of Nominees. Nominee Date of Birth Relationship to Member Name of Guardian. ... Section 3: Reason for Withdrawal. Section 2: Employment History. Section 1: Personal Details. Name of most recent.
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Property Advance means an advance made in respect of property protection expenses or expenses incurred to protect, preserve and enforce the security for the Mortgage Loan or to pay taxes and assessments or insurance premiums with respect to the Mortgaged Property.
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To obtain a NASFUND Membership IdenÆŸficaÆŸon Card, visit a branch office near you. The cost of an ID card is K10. Members can now access their NASFUND account on the new NASFUND Member Online Portal. Members have the opÆŸon to contribute above the minimum prescribed rate of 6% towards their superannuaÆŸon.
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Nasfund members get discounts and offers for optical, electrical, flights, pharmacy and other products and services all over PNG. Save when you shop.
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