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Nairaland Forum / Nairaland / General / Investment / How Pension Managers Are Cheating Nigerians (87348 Views)
Pension Managers Please Come In. / The Absurd Ways Pension Managers Cheat Nigerians part2. / I Want To Withdraw From My Pension Fund Account! (2) (3) (4)
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Re: How Pension Managers Are Cheating Nigerians by sanchiox1: 7:17am On Aug 09, 2022 |
Gentlebabs: NLPC? That retiree would have been frustrated for 5 hours if he or she chooses Life Annuity. These PFA is a scary one. They don't even send quarterly account statement. *Yinmu* 1 Like |
Re: How Pension Managers Are Cheating Nigerians by QuinModah(f): 9:54am On Aug 16, 2022 |
sanchiox1:They are the worst NLPC |
Re: How Pension Managers Are Cheating Nigerians by Kalakazzy(m): 11:09am On Aug 17, 2022 |
How long does reconciliation of account take |
Re: How Pension Managers Are Cheating Nigerians by sunnx(f): 12:02pm On Aug 19, 2022 |
Please how long does a backlogs is been paid into one's RSA account can someone answer o 1 Like |
Re: How Pension Managers Are Cheating Nigerians by QuinModah(f): 10:45pm On Aug 19, 2022 |
sunnx:Did you PFA wrote to your organization ? If no,they need to do that |
Re: How Pension Managers Are Cheating Nigerians by sunnx(f): 10:17pm On Aug 20, 2022 |
QuinModah: I don't think so. |
Re: How Pension Managers Are Cheating Nigerians by sunnx(f): 11:09pm On Aug 20, 2022 |
QuinModah: Please take time to read please...... Do you know what? When I left banking sector many years long I have a PFA with reasonable balance I tried maintain the PFA because of the huge balance as I gave it to my current Agency when issue of pension arises to start paying, I taught PFA is PFA in general but after a year of not receiving alerts from the PFA I gave my agency but seeing that the payment is on payslips, I consulted the PFA company I gave my agency, the prove beyond every reasonable doubt that they do not receive anything from my Agency that I should go and complain to my Agency, I went my Agency account office to complain my Agency brought a file saying I was one of those that have issue with my pension that I should go to LASPEC to complain that I do not receive my pension since it they started paying, getting to LASPEC they affirm that the issue is not in their side and besides the PFA I gave my Agency is not qualify to receive my pension in the state that I should go and open the one my colleagues are using and go back to my Agency to give them the newly opened PFA which I did with a written letter begging them to change my PFA to the new one and also pay all my backlogs into the new PFA but what they only did is that they indeed change the PFA to the new one but do not pay the back log, the month they change the PFA to the new one, I started receiving current pension without backlogs paid till date when I complain to the new PFA staff pursing the matter as he as said, he told me the backlogs is in the Accountant General office that they will pay it but till now that am typing this complain they haven't pay it, 3days ago I only received July pension without backlogs of a one whole full year. Still advice me on what to do please or should I continue writing letter to my Agency on the subject matter because I can't have a direct access to the Account General Office without my Agency involve or should I believe someone has eat the one year pension or backlogs because someone told me that the money will be somewhere hanging and rotating or showing indication on a system. Please tell me what to do because the money reach 100+ 1 Like |
Re: How Pension Managers Are Cheating Nigerians by QuinModah(f): 2:45pm On Sep 05, 2022 |
Keep pushing sunnx: |
Re: How Pension Managers Are Cheating Nigerians by Toniaife(f): 1:24pm On Jan 26, 2023 |
I beg wot batch pencom on death benefit . Please I need an answer 1 Like |
Re: How Pension Managers Are Cheating Nigerians by Justus30(m): 12:45pm On May 23, 2023 |
Hi guys, pencom told me yesterday that my dad's accrued rights for death benefit was paid last week, so the pfa confirmed it today when I called them, they said pencom still needs to reconcile the account. I thought both accrued rights payment and reconciliation are done together, anyone who has the knowledge should please share. Thanks. 1 Like |
Re: How Pension Managers Are Cheating Nigerians by QuinModah(f): 8:45pm On May 23, 2023 |
Justus30:Follow up ASAP because they are very funny people (PFA) 1 Like |
Re: How Pension Managers Are Cheating Nigerians by Toniaife(f): 12:37pm On May 31, 2023 |
I don't know why these Pension administrators are not kind. They are really not good organisations. NLPC have frustrated me. 1 Like |
Re: How Pension Managers Are Cheating Nigerians by QuinModah(f): 3:01pm On Jul 02, 2023 |
Toniaife:They are the worst. |
Re: How Pension Managers Are Cheating Nigerians by Olamide8(m): 6:27pm On Aug 26, 2023 |
Good day guys.. Been over 1year and 5month since my mum retired and she as done all the needful at the stanbicIBTC so she can get her contribution but till now she's as not be contacted or paid anything... Please what did you advice 1 Like |
Re: How Pension Managers Are Cheating Nigerians by QuinModah(f): 2:34am On Sep 09, 2023 |
Olamide8:is annuity or program monthly payment. Kindly confirm |
Re: How Pension Managers Are Cheating Nigerians by TokyoBulls(m): 9:17am On Sep 09, 2023 |
Very easy problem to solve. Do not talk to either the agency or the PFA any longer. Go to the nearest PENCOM office to report. They will ask you to write a simple letter right there in their office and dispatch the letter to Abuja. Few days later, PENCOM Abuja will call you to confirm receipt of your complaint and give you the complaint number that they have opened a case file and will update you as they progress. It will be resolved in few days or weeks. Every employer fears having to deal with PENCOM. You will not only collect your full remittance, all the accrued interests that you should have been earning would be added. I am speaking from experience, I have done it twice now. Their Lagos office is inside Ikeja GRA. sunnx: 1 Like |
Re: How Pension Managers Are Cheating Nigerians by TokyoBulls(m): 9:27am On Sep 09, 2023 |
She should either go to the nearest Stanbic IBTC pension office or call her account manager. Each of us has one employee assigned to deal with matters like this. The retiree is supposed to start getting paid immediately. Maybe there are documents she needs to complete. Olamide8: |
Re: How Pension Managers Are Cheating Nigerians by FingerNails: 11:29am On Sep 10, 2023 |
TheMan3:this is wild |
Re: How Pension Managers Are Cheating Nigerians by QuinModah(f): 8:25pm On Oct 30, 2023 |
TokyoBulls:You are smart |
Re: How Pension Managers Are Cheating Nigerians by QuinModah(f): 8:26pm On Oct 30, 2023 |
TheMan3: |
Re: How Pension Managers Are Cheating Nigerians by Godoverevery: 6:53pm On Apr 02 |
Winter12: Please I need your help on how to get my late dad money from ibtc pension. After the battle of getting LOA from court and all required documents it been 3 months now this people have refused to verify the LOA. Please how do I copy pencom and report this wicked act. 1 Like |
Re: How Pension Managers Are Cheating Nigerians by QuinModah(f): 3:48pm On Apr 03 |
Godoverevery:Get a lawyer |
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