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Nairaland Forum / Nairaland / General / Career / How Stanbicibtc Pension Paid Me 25% Of My RSA Within 3weeks (41388 Views)
My Former Employer Is Yet To Remit My 23 Months Pension Fund To My RSA. / FG Pays 81 Months Pension Arrears / How Can I Get My Money From Stanbicibtc Pension Nairalanders? (2) (3) (4)
Re: How Stanbicibtc Pension Paid Me 25% Of My RSA Within 3weeks by codedprince20(m): 4:17pm On Jun 28 |
I just put in my application with my exit/acceptance of resignation from last employer on 21st June and did date recapture same day, by 24th I got message that my data has been updated, I am yet to get any other response so far! I just pray it goes well and there are no issues |
Re: How Stanbicibtc Pension Paid Me 25% Of My RSA Within 3weeks by Travelhq: 7:18am On Jun 29 |
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Re: How Stanbicibtc Pension Paid Me 25% Of My RSA Within 3weeks by Selflessman(m): 10:13pm On Jul 13 |
codedprince20:I applied in June with Leadway Pensure on their mobile app. They changed the status of my application to “AWAITING PENCOM APPROVAL” on 25th of June and that’s how it has remained. Leadway told me they will disburse the funds when they get PenCom approval. I tried to contact PenCom for an update, but they don’t respond to their calls or email. 1 Like
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Re: How Stanbicibtc Pension Paid Me 25% Of My RSA Within 3weeks by QuinModah(f): 11:35pm On Jul 13 |
Selflessman:Leadway is one of the worst PFA, port to stanbic 2 Likes |
Re: How Stanbicibtc Pension Paid Me 25% Of My RSA Within 3weeks by akaahs(m): 11:14am On Jul 14 |
Heart2heart:Jice to hear from ur experience but i have a question. Can one apply while still working with his/her employer or the law allow persons who no longer in service with his/her employer? |
Re: How Stanbicibtc Pension Paid Me 25% Of My RSA Within 3weeks by Selflessman(m): 11:05pm On Jul 14 |
akaahs:You must be out of employment (resignation, termination, or dismissal) for at least 4 months without gaining another employment to qualify for the 25% Lump Sum withdrawal. And the fund can only be accessed once before retirement. 2 Likes |
Re: How Stanbicibtc Pension Paid Me 25% Of My RSA Within 3weeks by Selflessman(m): 3:10pm On Jul 15 |
QuinModah:Has anyone in the house using another Pension Company been paid during this timeline? Because Leadway told me that PenCom approves in batches and that it usually takes them 10 to 25 working days which could take longer or shorter depending on PenCom’s timeline. |
Re: How Stanbicibtc Pension Paid Me 25% Of My RSA Within 3weeks by Nadingo: 8:53am On Jul 16 |
Selflessman:Send a mail to Pencom. Or call their CC line. If your application has been submitted by Leadway and is under review, they'll let you know. |
Re: How Stanbicibtc Pension Paid Me 25% Of My RSA Within 3weeks by Selflessman(m): 12:12pm On Jul 17 |
Nadingo:I have sent an email to PenCom 3wks ago, 2wks ago, and last week, all of which they failed to respond to. Their national CC number is not functional and their SW regional CC team told me to inform my pension administrator (Leadway) to do a follow up for me when I called them. It’s ridiculous, because PenCom stated on their website that approval takes within 5 working days whereas my application has been pending PenCom approval (since 25th June) for 17 WORKING DAYS!!! |
Re: How Stanbicibtc Pension Paid Me 25% Of My RSA Within 3weeks by Nadingo: 1:56pm On Jul 17 |
Selflessman:Never knew Pencom has gotten this bad. When I processed mine, their CC was always available and even the email channel. They were responsive and my application was processed within a week I think. The only delay I had was was with Stanbic Ibtc's "verification of signature" and Stanbic ibtc guided me every step of the way. |
Re: How Stanbicibtc Pension Paid Me 25% Of My RSA Within 3weeks by Selflessman(m): 12:18pm On Aug 07 |
Nadingo:PenCom is now very terrible. I started the application in May and Yet to be paid in August for no reason at all. They are now running a Ponzi Scheme not a Pension Scheme |
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