lafuria1:


That was really not nice of them, I was thinking it was the issue of the employer not responding to them

All good now.

Please how long did it take to credited after they sent to pencom for approval?

It was me and my cousin that applied. I thought he was d only one having delays but d same thing happened to me. It was actually the issue of the useless employer not responding to them that caused it. But Stanbic has a clause inserted in the letter they sent to the employer which says that if the employer doesn't respond in 5days, then stanbic can go ahead and use the acknowledgement letter initially given by the employer that was used to start d application process. This is to make sure that employer don't deliberately frustrate ex staff from getting pension, which is exactly what happened to me. So despite not getting any feedback from my employer, stanbic refused to use the acknowledgement letter and forward to pencom. That was wrong. I had to keep calling and calling. They finally sent to pencom for approval on a Thursday, and I got credited the following Wednesday. That's like only three working days. Are you applying for yours? Keep them on Their toes to forward to pencom. That's d main koko. pencom are unusually fast for a nigerian government office.

otukpoyam:


It was me and my cousin that applied. I thought he was d only one having delays but d same thing happened to me. It was actually the issue of the useless employer not responding to them that caused it. But Stanbic has a clause inserted in the letter they sent to the employer which says that if the employer doesn't respond in 5days, then stanbic can go ahead and use the acknowledgement letter initially given by the employer that was used to start d application process. This is to make sure that employer don't deliberately frustrate ex staff from getting pension, which is exactly what happened to me. So despite not getting any feedback from my employer, stanbic refused to use the acknowledgement letter and forward to pencom. That was wrong. I had to keep calling and calling. They finally sent to pencom for approval on a Thursday, and I got credited the following Wednesday. That's like only three working days. Are you applying for yours? Keep them on Their toes to forward to pencom. That's d main koko. pencom are unusually fast for a nigerian government office.

Yes I applied for mine on the 8th of Nov and application was sent to pencom on the 24th yesterday, I actually had plans to visit stanbic this Friday if I did not see any progress.

Good to know pencom are fast in processing pension application.

Thanks for the response.

lafuria1:


Have you tried visiting them, going to their office should help you have a direction.

I doubt they will respond to mail because they don't have database of all pensioners to know what answers to give.

Thank you very much for your response, it is really appreciated.
Though he has visited their branch office in the state we reside. Unless it has to be Niger Insurance Company...

Desammyst:

Thank you very much for your response, it is really appreciated.
Though he has visited their branch office in the state we reside. Unless it has to be Niger Insurance Company...

I'm curious, which of the pension administrator is the account with because if he has a pension account with any of PFA, they are the ones to process access to the funds.
Before going to pencom, visit the Company (Niger Insurance) as regard the pension status because they are the ones that remit the pension

Pension issues are not always easy to resolve.

lafuria1:


I'm curious, which of the pension administrator is the account with because if he has a pension account with any of PFA, they are the ones to process access to the funds.
Before going to pencom, visit the Company (Niger Insurance) as regard the pension status because they are the ones that remit the pension

Pension issues are not always easy to resolve.

Its alright... He said, it is a Personal Pension and Savings... He saved it with Niger Insurance, with maturation in 2019.

Desammyst:


Its alright... He said, it is a Personal Pension and Savings... He saved it with Niger Insurance, with maturation in 2019.

OH alright, makes sense.

All the best

Pls i tried calling pencom and they told me my batch had been paid that I should approach my PFA, pls how do I proceed from there and how long does it take PFA to make payments?

otukpoyam:


It was me and my cousin that applied. I thought he was d only one having delays but d same thing happened to me. It was actually the issue of the useless employer not responding to them that caused it. But Stanbic has a clause inserted in the letter they sent to the employer which says that if the employer doesn't respond in 5days, then stanbic can go ahead and use the acknowledgement letter initially given by the employer that was used to start d application process. This is to make sure that employer don't deliberately frustrate ex staff from getting pension, which is exactly what happened to me. So despite not getting any feedback from my employer, stanbic refused to use the acknowledgement letter and forward to pencom. That was wrong. I had to keep calling and calling. They finally sent to pencom for approval on a Thursday, and I got credited the following Wednesday. That's like only three working days. Are you applying for yours? Keep them on Their toes to forward to pencom. That's d main koko. pencom are unusually fast for a nigerian government office.

HI please i sent you an email. I am on this process and will like to get some clarity thanks. Especially on this employer verification stuff

Leadway
Withdrawing 25%
-MUSTbe out of work for 3 months minimum
-MUST have your bank statement
Without the above that's after filling their form and having the required documents shi shi them no go give you, if you like copy pencom for email send to them, they're not moved

Yvgeneral:
Pls i tried calling pencom and they told me my batch had been paid that I should approach my PFA, pls how do I proceed from there and how long does it take PFA to make payments?

Send your PFA a mail copy pencom and see the magic that will happen

lwisee:
NLPC PFA is the worst. How I wish I can change my pension manager to IBTC.

Worst is an understatement and mostly used by LASG

SuccesYear:
I plan to process Letter of Administration (LoA) personally with a lawyer.

How many months can it take?

Is it advisable?

Yes but takes a lot of time , you have to be patient. I would recommend someone if you interested

What you really need is a proactive account officer.
I can help manage your account if you don't mind

Threesha:
Worst is an understatement and mostly used by LASG

otunbablacq:
What you really need is a proactive account officer.
I can help manage your account if you don't mind

Whats the name of your organization?

Trustfund Pensions

Threesha:
Whats the name of your organization?

Yvgeneral:
Pls i tried calling pencom and they told me my batch had been paid that I should approach my PFA, pls how do I proceed from there and how long does it take PFA to make payments?

Pls can you or any other person help me with the pencom number , thank you

Yvgeneral:
Pls i tried calling pencom and they told me my batch had been paid that I should approach my PFA, pls how do I proceed from there and how long does it take PFA to make payments?

Pls can you or any other person help me with the pencom number , thank you

While processing my 25% benefit, I got an update that reads "sent to BAT - Abuja". Pls what does that mean?

.

Austeen2000:
While processing my 25% benefit, I got an update that reads "sent to BAT - Abuja". Pls what does that mean?

Same here can anyone help with further explanation?

Anyone processed 25% pension benefit with Stanbic recently? I have applied and my application is saying your application has been submitted for review under the pending applications. Is this right? How long would it remain at this stage and what can I do?

Hi, can I send you a DM regarding the application process with Stanbic?

lafuria1:


Yes I applied for mine on the 8th of Nov and application was sent to pencom on the 24th yesterday, I actually had plans to visit stanbic this Friday if I did not see any progress.

Good to know pencom are fast in processing pension application.

Thanks for the response.

jblesn:
Anyone processed 25% pension benefit with Stanbic recently? I have applied and my application is saying your application has been submitted for review under the pending applications. Is this right? How long would it remain at this stage and what can I do?

Minimum of 3 weeks

jblesn:
Hi, can I send you a DM regarding the application process with Stanbic?

Yeah

Make 10k-20k weekly on DSB.

https://www.digitalsafebox.org/register/AYwabba


Whatsapp: Zero Seven Zero Three Three Seven One Seven Five Six Five.

PM too

Thanks for your response, I only just it now. I wanted to clarity regarding the exit letter. I later drafted a letter and made the application which was cancelled as I later got to understand that the exit letter must come from my former employer.
I have requested for it, yet to receive it though.

lafuria1:

Yeah

jblesn:
Thanks for your response, I only just it now. I wanted to clarity regarding the exit letter. I later drafted a letter and made the application which was cancelled as I later got to understand that the exit letter must come from my former employer.
I have requested for it, yet to receive it though.

Oh alright, exit later must come from your employer to your PFA directly. In most cases stanbic sends email to your employer to respond and confirm you are no more with them.

I wil advise your employer sends to stanbic and copy you.

I'm actually referring to the exit letter you attach to the application. My application was cancelled by Stanbic as the letter I attached was not from my former employer.

So I want to get the letter from my former employer and make a fresh application.

lafuria1:


Oh alright, exit later must come from your employer to your PFA directly. In most cases stanbic sends email to your employer to respond and confirm you are no more with them.

I wil advise your employer sends to stanbic and copy you.