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Bankers In The House by MicroBox: 11:35am On Aug 02, 2019 |
I collected 25% long ago when I thought its better to chop inside when I am alive. But now I want to get done with 9-5 jobs to start my own company but my target capital is the pension fund which is a bit bulky. My question is, do I stand any chance of getting any percentage out of it even after 25% initially collected. IBTC pension manager .. |
Re: Bankers In The House by Nobody: 1:07pm On Aug 02, 2019 |
MicroBox: Get in contact with IBTC and ask them. Study your employment contract/condition of service. 1 Like |
Re: Bankers In The House by bluetopaz: 8:29pm On Aug 02, 2019 |
Very interested in this information too. My sis has some cash tied down and she hasn't worked for years or even intend to again as she has a flourishing business. Can she get all her cash? |
Re: Bankers In The House by Nobody: 9:16pm On Aug 02, 2019 |
No she can't. She has to wait till she's 65 |
Re: Bankers In The House by CanadianNaija: 1:24pm On Aug 03, 2019 |
MicroBox: You can not access that money again until you reach retirement age. 1 Like |
Re: Bankers In The House by CanadianNaija: 1:26pm On Aug 03, 2019 |
bluetopaz: Let her call her pension funds administrator. They will advise her on what to provide to access 25% of her pension, as long as she can proof unemployment. She can not get everything though, and once she has collected that 25% she can’t access the rest until she reaches the retirement age(I can’t remember what it is again) |
Re: Bankers In The House by Boss13: 12:42pm On Aug 04, 2019 |
CanadianNaija: True |
Re: Bankers In The House by nams77: 5:48pm On Aug 04, 2019 |
CanadianNaija:Its actually 50 years. So op, you wait till u clock 50. You can also reach out to them. Things might have changed |
Re: Bankers In The House by fabraham(m): 9:09am On Aug 05, 2019 |
MicroBox:No, you don't stand a chance after collecting the 25% hardship allowance already. The primary purpose of Pension is geared towards your retirement from active service, it is not the same as your regular savings account in the bank where you withdraw at will. The statutory age of retirement in Nigeria is 50 years and above. Hence, you will have to wait till that time before applying for it. 1 Like |
Re: Bankers In The House by MicroBox: 3:53am On Aug 06, 2019 |
Thanks everyone.. |
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