Thefarmer3:


Four days

Ok. Thank you.

Twinkle004:
Hello house, Any experience with Stanbic bank pension account.

Stanbic has frustrated my life o. But they'll pay, they are not as fast as palpension

Winter12:

Stanbic has frustrated my life o. But they'll pay, they are not as fast as palpension

As in...confirmation of a particular document is taking them forever. Are you also with Stanbic?

livewithpurpose:

As in...confirmation of a particular document is taking them forever. Are you also with Stanbic?

Yes o. Am tired of that stanbic, approval has not been made

Winter12:


Yes o. Am tired of that stanbic, approval has not been made

From Pencom for payment or something else?

livewithpurpose:


From Pencom for payment or something else?

Pencom approval. Have you gotten ur approval or they are still checking ur loa with ur court?

Winter12:

Pencom approval. Have you gotten ur approval or they are still checking ur loa with ur court?

How long now is it taking them to get the payment approval?

They've sorted the LOA, remaining the death certificate.

livewithpurpose:


How long now is it taking them to get the payment approval?

They've sorted the LOA, remaining the death certificate.

It has taken more than 7 working days since they have sent it to pencom for approval.
I went there twice and they were claiming that they only saw my mail. I messaged and copied pencom, if u see the way they replied with speed. It was surprising .
They now apologized and said its pencom approval that's delaying them

Winter12:

It has taken more than 7 working days since they have sent it to pencom for approval.
I went there twice and they were claiming that they only saw my mail. I messaged and copied pencom, if u see the way they replied with speed. It was surprising .
They now apologized and said its pencom approval that's delaying them

Please can you share the pencom's email you copied. thank you.

But someone on this page said it took them 4 days for Pencom to approve. Which means that Stanbic did not send the approval on time to Pencom and probably only sent it after your email.

livewithpurpose:


Please can you share the pencom's email you copied. thank you.

But someone on this page said it took them 4 days for Pencom to approve. Which means that Stanbic did not send the approval on time to Pencom and probably only sent it after your email.

That's what I suspect also. Because pencom approval takes five days max

livewithpurpose:


Please can you share the pencom's email you copied. thank you.

But someone on this page said it took them 4 days for Pencom to approve. Which means that Stanbic did not send the approval on time to Pencom and probably only sent it after your email.

I just reported stanbic incompetence and said how they always delay in sending or checking someone application. Copied pencom and the magic happened

livewithpurpose:


Please can you share the pencom's email you copied. thank you.

But someone on this page said it took them 4 days for Pencom to approve. Which means that Stanbic did not send the approval on time to Pencom and probably only sent it after your email.

PENSION MANAGER INCOMPETENCE
I will like to report the incompetence of stanbic ibtc pension managers. I submitted an application of withdrawals of additional fund since 7 days ago, up till date, I haven't gotten an approval.
Furthermore, I know that it takes within 5 days for pencom to give approval. To this, I can say it's either stanbic is incompetence or they are delaying .

I visited PALpensions office today. They said PENCOM has granted approval and payment would be made next week, latest.


@TheFarmer3, how long did it take to receive payment upon approval?

ChemicalReaction:
I visited PALpensions office today. They said PENCOM has granted approval and payment would be made next week, latest.


@TheFarmer3, how long did it take to receive payment upon approval?

It should be 3 days Max

ChemicalReaction:
I visited PALpensions office today. They said PENCOM has granted approval and payment would be made next week, latest.


@TheFarmer3, how long did it take to receive payment upon approval?

When did u apply for withdrawals ?

Winter12:

When did u apply for withdrawals ?

I applied for withdrawal about a month ago. It was not until TheFarmer told me we use the same PFA and that he's been paid that I thought to check back today.

ChemicalReaction:
I applied for withdrawal about a month ago. It was not until TheFarmer told me we use the same PFA and that he's been paid that I thought to check back today.

They were suppose to update u on every step u take

Winter12:


PENSION MANAGER INCOMPETENCE
I will like to report the incompetence of stanbic ibtc pension managers. I submitted an application of withdrawals of additional fund since 7 days ago, up till date, I haven't gotten an approval.
Furthermore, I know that it takes within 5 days for pencom to give approval. To this, I can say it's either stanbic is incompetence or they are delaying .

ok this works.

ChemicalReaction:
I visited PALpensions office today. They said PENCOM has granted approval and payment would be made next week, latest.


@TheFarmer3, how long did it take to receive payment upon approval?

Three days

Winter12:

They were suppose to update u on every step u take

Hmmm... Those PFAs can be very funny, they won't update you o... One needs to be on their neck with serious follow up

Thefarmer3:


Hmmm... Those PFAs can be very funny, they won't update you o... One needs to be on their neck with serious follow up

Omohh, if I no recieve alert by next week, na to create thread on top the matter for NL.
Imagine payment has been approved since, yet they had to wait till I showed up at their office today before assuring me of payment.

What do they even do with peoples' pension?!

I only pray this Accruals atleast makes a sense a bit... worthwhile

ChemicalReaction:
Omohh, if I no recieve alert by next week, na to create thread on top the matter for NL.
Imagine payment has been approved since, yet they had to wait till I showed up at their office today before assuring me of payment.

What do they even do with peoples' pension?!

... They use it for business ni o

yetunsbay:
I only pray this Accruals atleast makes a sense a bit... worthwhile

It should, though it depends on how long before 2004 the deceased had been working sha

Verifications and forwarded to Pencom for approval. Fingers crossed that this one doesn't delay oooo...we don tire for the long process.

Pls I don't know if anyone av ideal of when pencom is going to resume payment of death benefit

livewithpurpose:
Verifications and forwarded to Pencom for approval. Fingers crossed that this one doesn't delay oooo...we don tire for the long process.

They might not send it , better disturb ur pfa to know if they've sent it to pencom .
That's what dey did to mine also

Winter12:

They might not send it , better disturb ur pfa to know if they've sent it to pencom .
That's what dey did to mine also

I did on Friday and they confirmed that they did. Fingers crossed.

livewithpurpose:


I did on Friday and they confirmed that they did. Fingers crossed.

Let's be hopeful

PALpensions finally credited us.
Yayyy!!!

ChemicalReaction:
PALpensions finally credited us.
Yayyy!!!

When did you apply for withdrawals?

Winter12:


When did you apply for withdrawals?

Wednesday, last week.