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Nairaland Forum / Nairaland / General / Investment / PENCOM Regulated Annuity: What You Need To Know (332 Views)
The Best Time To Move From Program Withdrawal To PENCOM Regulated Annuity. / Programmed Withdrawal Or Annuity? / Programmed Withdrawal VS Annuity, Which Is Retirement Plan Is Better? (2) (3) (4)
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PENCOM Regulated Annuity: What You Need To Know by KINGBEN1(m): 10:00pm On Feb 02, 2023 |
1. The PENCOM Regulated Annuity (PRA) is a major alternative to the PFA’s (Pension Fund Administrator) Programme Withdrawal. 2. This PRA is backed by the 2014 PENCOM Act. 3. This plan is executed at retirement or if the RSA (Retirement Savings Account) holder is 50 years old. 4. 25% lump sum of the whole RSA balance is paid to the retiree and the remaining 75% is converted into an annuity for life. 5. The monthly or quarterly payments of PRA is done immediately the plan takes effect. 6. The Annuity payment is guaranteed for life unlike the programmed withdrawal which is paid only for an expected life span. Ask your provider for further clarifications. Or Call/WhatsApp me for more details about this plan. Check my signature.
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Re: PENCOM Regulated Annuity: What You Need To Know by benugo(m): 10:55am On Apr 01, 2023 |
Contact me |
Re: PENCOM Regulated Annuity: What You Need To Know by Francisco01(m): 6:35pm On Apr 26, 2023 |
KINGBEN1: As a retiree did you also contribute to the contributory pension scheme and after some year of being with your PFA your pensions was stopped for any reason and you want a help or don't know how to go about getting your pensions back or do you have parents who contributed to the pensions scheme and their pensions had been stopped and would like to assist them Contact Frank (Licensed Risk Adviser) on 07033895094 or 08148701491 or Alozie.obilo@yahoo.com or Alozie.obilo.f@gmail.com https:///L9xtPnBOmqECpUuGvox3QI |
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