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Getting My Pension Contribution After Layoff/resigning by BabaOnileK: 12:06pm On Mar 15, 2010 |
Hi All, Does anyone have a hint of how I can access my pension contribution to my PFA before the age of 50? I am in one of the category of those who either resigned or was laid-off in the ast two years and I have over NGN1 miion in the PFA. Do appreciate worthy replies. Thanks a lot. |
Re: Getting My Pension Contribution After Layoff/resigning by demscokid: 9:38am On Mar 16, 2010 |
hi, why dont you try calling your PFA to find out the possibility. Ordinarily you cannot access the funds before age 50 but i understand dat as a result of the recent happenings in the banking sector especially, the law setting up the PFAs's is being reviewed. it is well |
Re: Getting My Pension Contribution After Layoff/resigning by filani(m): 9:52am On Mar 16, 2010 |
Hello , as far as i know the current practise is that you can apply for a withdawal of 25% of the current balance in ur retiement savings account . contact ur PFA and u they will advise u on what docmentions are needed to apply for the withdrawal, best of luck !! |
Re: Getting My Pension Contribution After Layoff/resigning by blackchief(m): 12:31pm On Mar 16, 2010 |
The little i know is that you have to go six month without a job before you can contact your PFA. |
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