₦airaland Forum

Big question where was the husband when d slaughtering happened?

coolkaboom:
When u attain the age of 50, u simply apply for full withdrawal, using about the same required docs, in addition to a birth-certificate or age declaration to confirm u are trully over 50.

For funds less than 500,000 u will get a one-off lump sum payment, but if the funds are substantial, e.g 10,000,000 u can get a lump-sim payment (kinda like gratuity) up to 25-50%, provided what is left is sufficient to fund annuity or programmed withdrawal for a period of at least 10yrs. Annuity is an insurance vehicle that secures a string of regular lodgements into your account for a period in excess of what the funds should cover, e.g 90,000 annuity can be used to buy a monthly payment of N10,000 for a yr. Your choices are supposed to be linked to expected life expectancy and the size of your last salary before retirement because the monthly pension should at least match 50% of your regular monthly take-home.

Please advice I am presently interested in how to pursue such, is it mandatory you have to submit your offer letter from your previous employer and also your resignation letter in a situation that you have been UN-employed 6months after, do respond please i dont have does letters anymore its being over 5years now and i would like to acess my 25% from Stanbic.

coolkaboom:
The law may be strict, but it isn't cast in stone. The focus is on safety and secuirity of the funds, not necesarily profit. I am sure, further down d line, there are bound to be several ammendments to make it more suitable and adaptable to our special needs as a nation and people. The mistrust and misconception is however unfounded and due in large to deliberate misinformation. How can u claim the unit price hasn't shifted in 3 yrs, that's pure bullocks. Even d lowest performing PFA would have almost doubled d funds u left there since 3 yrs ago. Name the PFA and from d website, I'll post d historical movt of their unit price in d last 12 months. Engage them and get better informed, or else, u just end up loosing ur funds due to ur own ignorance. Not saying the scheme is perfect, but it does work for people who know where they are heading and have managed to define a clear career path. In retirement, u'll get ur funds back, together wt d accrued interest.

I am presently interested in how to pursue such, is it mandatory you have to submit your offer letter from your previous employer and also your resignation letter in a situation that you have been UN-employed 6months after, do respond please i dont have does letters anymore its being over 5years now and i would like to acess my 25% from Stanbic.

Hello, good to hear you were able to get your money from your RSA, I am presently interested in how to pursue such, is it mandatory you have to submit your offer letter from your previous employer and also your resignation letter in a situation that you have been UN-employed 6months after, do respond please i dont have does letters anymore its being over 5years now and i would like to acess my 25% from Stanbic.

Heart2heart:
Let me state it clearly from albinitio, what informs this narrative. I am seriously motivated to write this for two reasons:

1. StanbicIbtc pension's unbelievable service delivery.
2. My dad encouraged me to always share some of my stories for it may be someone's last hope.

I started out as a contract staff in one of the main IOCs in Nigeria as contract staff, worked for 7years as a contract staff. The experiences as a CS in O/G industry begs for another thread. So, I got a better job in Angola(permanent job) five months after my contract was terminated. Of course it put an end to my pension contribution with my PFA(stanbic pensions). After 7months of leaving that contract job, one day I was arranging my document box, I carelessly stumbled on my pension documents, there I dioscovered that I can actually withdraw 25% of my total RSA(savings). So simple a step!

I pieced together the documents needed, and threw in my application. The next day, I got an sms acknowledging the receipt of my application. In the sms was a catchy phrase that says "stanbic ibtc pension requires u not to give any gift or recharge card for the processing of ur application" (permit my urban writing). Hmm! I was like, in this country? Is this for real or one of those image-saving auto responder texts? I was already eulogizing them; rhapsodizing about their straight-forwardness more than their marketers though bellied with bouts of doubts and skepticism.

I got an sms-friendly format to check the status of my application. It is: Status of Benefit Appl: eg: text "APP PEN11100000 to 30388. (The PEN** is ur PIN). I tried it first, th immediate reply was "ur application is being processed for submission to Pencom for payment approval". Wow! I screamed. Early days of the Second week, I checked my application status by texting the above to 30388, the immediate reply said "ur application has been submitted to pencom for approval, u will be notified of the outcome once out". Unbelievable!

Tuesday of the 3rd week, I got an sms from stanbicIbtc pension saying, "ur application has been approved for payment by pencom, u will receive your fund in the next 24hrs, check with ur bank" -it is a lie! I screamed. In same week on thursday morning by 10:42am dot(I saved the time). I got a Gtb sms alert. Hurray! It was my 25%. From my calculation I was expecting 2.1ml+ but I saw an extra 25k. I was miscalculating I guess. All happened under 3weeks. I was monitoring my application status via my phone. No need to go visit any office or lobby any jack. From the day I dropped that application till payment, I was a doubting thomas. So such a thing does happens in a firm in Nigeria? Just wanna shout out to StanbicIbtc, u guys rock! So u don't need to wait till u are 50years of age. Enjoy ur 25% for now, at least future will sort itself out esp in naija. Lolz!

I hear a lot of people complaing of their PFAs; please you administrators, stop frustrating we poor masses over our meager life savings. We toiled for it. Stop putting us under undue stress to lay hands on the evidence of our sweats(pension etc). Thanks!

Please someone educate me please when exactly is a woman's safe period?

Kenzico:
Serves the victim right! The woman husband dey vex o! Or na vampire him be ?

Try and read and understand before posting.

Sveen:
www.nairaland.com/jobs

Thank you Sveen will forward. Cheers

Hello my good people of Nairaland.

Send me a mail. Phill.andre@consultant.com

This is not proper

I need one of these things...

Now!!! What name do we give this metal contraption.......

adextaiwo84:
Arrangeeee.

Am telling you. Any news just to stay relevant

All you wannabes ranting am sure if you see an A-list celebrity like pdiddy, Kim kardashian, tuface,dbanj etc rocking that phone you all will rush and buy it just like that overrated IPhone 6 abi na plus.........just for status symbol.

If you look closely at that picture. The smiles are fake

This story get as e be sha........lol

Asa anyways happy birthday but I doubt that your 33 years old oooooo.......lol

emmyblackky:
(1) Scrapped...

Why?

Pictures

Random thoughts about the situation of things in the country especially pertaining to the youths.

Should NYSC be (1) Scrapped (2) Made Compulsory (3) Made Optional?

Personally I feel it should maintain its Status Quo but needs new innovations. Now Over to you Nairalander's whats your opinion(s)

Denrele where are you Come and see your people ooooo

This can't happen in Nigeria. In short this is not Nigeria.

May we all be rich as we pretend to be.......Amen

May we never experience Frustration. Amen

GAZZUZZ:
You need a scan.

Am based in Ilorin. Does anybody know where I can do a scan and also where I can get a reliable and good Honda workshop here in Ilorin.

rainmaker12:
Check ur hand brakes, either the switch is bad or requires maintainance.

And the TCS and ABS lights are permanently on. What does that mean?