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Nairaland Forum / Nairaland / General / Career / Can Someone Access Their Pension Funds Before Official Retirement Age (26428 Views)
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Re: Can Someone Access Their Pension Funds Before Official Retirement Age by Gadafii: 4:56pm On Oct 18, 2021 |
this nigeria na better ogbonge scam so, i am planning to resign by end of this year and i am barely 28yrs old. u will now expect me to wait for another 25 years before i can have my money, money that MAINAs will still loot, if Maina no loot am, na wahal for pensioners to collect their money, until they que and die standing under hot sun protesting 2 Likes |
Re: Can Someone Access Their Pension Funds Before Official Retirement Age by OnlineArchitect: 4:56pm On Oct 18, 2021 |
No 1 Like |
Re: Can Someone Access Their Pension Funds Before Official Retirement Age by Melvix007(m): 4:57pm On Oct 18, 2021 |
EmekaBlue: More like one's fiancée collecting part of the bride price in advance.... 1 Like |
Re: Can Someone Access Their Pension Funds Before Official Retirement Age by boyo123(m): 4:58pm On Oct 18, 2021 |
Why do i feel you are government spy or an investigative journalist. 1 Like |
Re: Can Someone Access Their Pension Funds Before Official Retirement Age by Mutaultope(m): 4:58pm On Oct 18, 2021 |
Noooooooooooooo you can't access it before official retirement if you are a government worker But you can access it if you start a PENSION PLAN in an insurance company . There is 2years access and 3years access contact me for more details and explanation 08133729507 |
Re: Can Someone Access Their Pension Funds Before Official Retirement Age by AKWATGOLD1(m): 4:58pm On Oct 18, 2021 |
Guy, I suspect the guy that is linking up your friend with a Lady in question. That is the beginning of how your friend will swindle of his hard-earned retired benefit. Fine there is not that is not possible in Naija but he must extra careful dealing with these people. kinglee007: |
Re: Can Someone Access Their Pension Funds Before Official Retirement Age by iamoyindamola(m): 4:58pm On Oct 18, 2021 |
judetov2:Says who What if dies before the retirement time what happen to the money |
Re: Can Someone Access Their Pension Funds Before Official Retirement Age by andsboy29: 4:58pm On Oct 18, 2021 |
Nope |
Re: Can Someone Access Their Pension Funds Before Official Retirement Age by tgmservice: 4:59pm On Oct 18, 2021 |
kinglee007:Yes you can But only 25% after 4 months being unemployed 2 Likes |
Re: Can Someone Access Their Pension Funds Before Official Retirement Age by meetgaya: 5:00pm On Oct 18, 2021 |
kinglee007: There isway some people are doing here but I will not tell you the location of my state. They will send their next of kin with death certificate and court administration and their money will be paid fully but when you are caught you will be pepper soup. 3 Likes |
Re: Can Someone Access Their Pension Funds Before Official Retirement Age by Yankee101: 5:00pm On Oct 18, 2021 |
Don't break the law And trust me, you'll be glad you have any type of income at an old age Take the 25% for now 5 Likes |
Re: Can Someone Access Their Pension Funds Before Official Retirement Age by Mutaultope(m): 5:00pm On Oct 18, 2021 |
Just contact me for your PENSION PLAN AND you will have access to it With Mutual Benefits Assurance plc ..... you are in a safe hand Contact me on 08133729607 for more details |
Re: Can Someone Access Their Pension Funds Before Official Retirement Age by Whobedatte(m): 5:02pm On Oct 18, 2021 |
After I left my job in 2010 after working for 9 years , I asked for my pension money from crusaderPEN and I was told I can only access 25% of my funds I can only access my full funds if I clock 35 years in service or 55 years of age whichever comes first . So I got only 25%. Till today after leaving paid employment for almost 10 years , my pension fund had not even added up to 20% increase . One of the reasons why I hate Obasanjo till date ! 1 Like |
Re: Can Someone Access Their Pension Funds Before Official Retirement Age by Ryan14(m): 5:02pm On Oct 18, 2021 |
Zaxbash1:Bro, my friend has same issue too. He's 38yrs now and has been unemployed for the past 4yrs. He'll be ready to do it the 9ja way too oo. Waiting for another 12years will seem like eternity Help a brother pls. |
Re: Can Someone Access Their Pension Funds Before Official Retirement Age by mechanics(m): 5:03pm On Oct 18, 2021 |
The law must be obeyed, he should wait till his 50 years old. 1 Like |
Re: Can Someone Access Their Pension Funds Before Official Retirement Age by Zagee: 5:04pm On Oct 18, 2021 |
The law is the law. That other friend is a liar, except na him uncle dey head pencom( you know what I mean).. 1 Like |
Re: Can Someone Access Their Pension Funds Before Official Retirement Age by meetgaya: 5:08pm On Oct 18, 2021 |
Whobedatte:I left my work in 2015 with 2.3m with pension administrators, they gave 25% and the balance remain 1.7m today it has grown up to 3.5m just about 7years. I like trustfund pensions anytime 8 Likes |
Re: Can Someone Access Their Pension Funds Before Official Retirement Age by MeghaneMorgane(f): 5:09pm On Oct 18, 2021 |
kinglee007: Op thanks for asking this question. I was thinking deeply about taking my pension funds soon but I didn’t know how. I even asked on my WhatsApp status so that anyone with info could advise me. Thanks |
Re: Can Someone Access Their Pension Funds Before Official Retirement Age by judges: 5:12pm On Oct 18, 2021 |
You access only 25% just as you said after you are working with the company again. They can also give you all your money if you are 50 years and your didn't reach their limit, I think 750k if am not mistaking and you are not working with the company. Note: remember your birthday when you are filling the pension form is very important. Some have changed the birthday to the point they have forgetting the real date |
Re: Can Someone Access Their Pension Funds Before Official Retirement Age by rickyrex(m): 5:13pm On Oct 18, 2021 |
From my experience and with the last call I made with my pension company... You can only access 25%of your money after 3months of not been on any job. And will be accompanying with a latter of resignation or termination of your job by your previous company as a prove. At 50yr you can access the rest. What I didn't confirm is if you are still working at 50yr weather you can access your pension fund or you must retire first. 1 Like |
Re: Can Someone Access Their Pension Funds Before Official Retirement Age by harjay1986: 5:13pm On Oct 18, 2021 |
mrkings84: if you work with state or federal government that is when your penson will enter voice mail because they will only deduct the amount every month without remitting any to your RSA but if you work in a private setup and your are fully register with your pension certificate forget it you go get your money most of the old people wey dey go goverment house up and down dey protest ask them to show you their pension certificate first 1 Like |
Re: Can Someone Access Their Pension Funds Before Official Retirement Age by AntiWailer: 5:15pm On Oct 18, 2021 |
Yes you can. there are conditions. |
Re: Can Someone Access Their Pension Funds Before Official Retirement Age by Childofaking: 5:16pm On Oct 18, 2021 |
That guy is lying to your friend or they want to dupe him. Even when you attain the retirement age of 50, you cannot have access to all your funds at once. A portion will be paid to you, the rest is programed or sent to annuity for monthly withdrawal until death or old age as you like but definitely not at once. 5 Likes |
Re: Can Someone Access Their Pension Funds Before Official Retirement Age by Bantu10: 5:18pm On Oct 18, 2021 |
Kinglee007 the only way u can is to forge a death certificate and present it to ur pension administrator. They will pay u all money accrued to you 1 Like |
Re: Can Someone Access Their Pension Funds Before Official Retirement Age by warlordd(m): 5:18pm On Oct 18, 2021 |
U can only access one quarter of the amount after about 3months of resignation or termination of appointment. However, if u want to have the whole amount, then u MUST tip them. This is negotiable! |
Re: Can Someone Access Their Pension Funds Before Official Retirement Age by pinkytee(f): 5:18pm On Oct 18, 2021 |
The only way he can get that is to increase his age on bvn to 55 and do modifications from their end I mean the pension board end cos when you want to have access to your full fund the request for a copy of your bvn 1 Like |
Re: Can Someone Access Their Pension Funds Before Official Retirement Age by 2simple(m): 5:19pm On Oct 18, 2021 |
kinglee007: 1 Like |
Re: Can Someone Access Their Pension Funds Before Official Retirement Age by ednut1(m): 5:22pm On Oct 18, 2021 |
You cannot collect all the 75% balance at once. Your friend is being lied to 3 Likes |
Re: Can Someone Access Their Pension Funds Before Official Retirement Age by Angelfrost(m): 5:24pm On Oct 18, 2021 |
This pension thing ought to be voluntary tbh... Why compel someone to part with a fraction of his monthly salaries in the name of pension, only for it to become a hassle or impossibility to access when he retires??!... It makes no sense to me!!! 1 Like |
Re: Can Someone Access Their Pension Funds Before Official Retirement Age by Kakamorufu(m): 5:25pm On Oct 18, 2021 |
Well. There could be some underground parole Joe Did This is Nigeria... We all know wasup. The 25% is sure If you have been out of job for 3 months. And the full access to pension is after you clock 50 years. Or maybe Joe wants to run him a quick one. |
Re: Can Someone Access Their Pension Funds Before Official Retirement Age by stasius: 5:26pm On Oct 18, 2021 |
Yes |
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