Kollyman's Posts

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Education › Re: What You Must Know Before You Apply For HND Programme by Kollyman: 3:53pm On Jan 30, 2016

ladyF:
Very educating, thank you OP. Please what are the chances for someone with 1.04 GP? Hep [size=15pt]LadyF[/size] pls

Try Synagogue Polytechnic Egbe

Autos › Re: I Need A Car On A Budget Of 350k by Kollyman(op): 3:23pm On Jan 30, 2016

Autos › Re: SOLD SOLD SOLD 2001 Neatly Used Honda Civic by Kollyman: 2:16pm On Jan 30, 2016

300k

If you agree, I would pick it when I come to camp this week

Politics › Re: Buhari Takes Over Central Bank Naira Management - Bloomberg. by Kollyman: 7:48am On Jan 30, 2016

There is no big deal in PMB taking over the CBN, he was elected to manage everything about the economy and Nigeria.

If your brothers can't access FX again to do their importation, that doesn't make my president a bad person.

He said "Nigeria FX reserve would no longer be used to import poo any longer".

If not satisfy, use your Biafra currency to import!

Crime › Re: Man Attempts To Molest Pregnant Woman In Broad Daylight(photo) by Kollyman: 12:17pm On Jan 28, 2016

Onochie was brought before a Tinubu Magistrate’s Court on Wednesday on one count of sexual assault by a police prosecutor, Inspector Philip Osijale.

Some plat headed guys would be like shocked

Tinubu don get court again huh

??

This APC sef

Family › Re: Why You Should Be Careful In Choosing Your Next Of Kin (Photos) by Kollyman: 11:18am On Jan 26, 2016

I don't believe this make believe story!

NOK is just a contact person in case of emergency. If you like, you put your papa girlfriend who was your mother's rival then as your next of kin, if her name is not mentioned as a beneficiary/ administrator to the estate of the deceased on the letter of administration, the nok would only be hoping till Dasuki return the stollen $2.1bn.

If Banks or any financial institution release the fund in a deceased account based on the NOK nonsense, it means they are on bonanza mode.

Politics › Re: We Don’t Recognise Biafran Passport – US, UK by Kollyman: 3:53pm On Jan 25, 2016

Lemon12:
Lagos - Ibadan media propaganda

Trying to silence us with UK and US (NO) stance.....

We know their way ...

Btw fuuuuck uwazirike

You need an urgent help!

Career › Re: Let's Talk Pensions! Accurate Solution To All Issues With Your Pfas by Kollyman(op): 9:07pm On Jan 22, 2016

How often do you check your RSA statements?

Don't just see your pension deducted from your salary, start monitoring your retirement from now. grin

Autos › Re: I Need A Car On A Budget Of 350k by Kollyman(op): 9:05pm On Jan 22, 2016

Politics › Re: I Don't Have Any House In Dubai- Fayose by Kollyman: 10:06am On Jan 22, 2016

moyinoluwabun:
Having assets in Dubai ain't a problem with me once it's not gotten from embezzled fund. U're free to invest anywhere ur hard earned money.

Where would Fayose get money if not in politics!

Career › Re: Let's Talk Pensions! Accurate Solution To All Issues With Your Pfas by Kollyman(op): 4:46pm On Jan 21, 2016

.....

Autos › Re: I Need A Car On A Budget Of 350k by Kollyman(op): 4:45pm On Jan 21, 2016

caesaraba:
330k in Makurdi.

That's far oooo.

I'm in Lagos

Politics › Re: Femi Fani-kayode Block Twitter Account. (picture) by Kollyman(op): 9:51am On Jan 21, 2016

SeanBlackie:
naso d man block me to oooo! hahahahaha...

Career › Re: Let's Talk Pensions! Accurate Solution To All Issues With Your Pfas by Kollyman(op): 9:28am On Jan 21, 2016

debbie:
@kollyman, what will one do to a company that doesnt remit the pension benefit of her staff over 7months running...meanwhile they have been deducting it,when they want,how they want and so on. It is so sad that alot of companies in nigeria have been doing this and i have a brother who is currently in one.
How can one resolve it? abii to sue the company?

chidamysy:
If he has any evidence of deduction(payslip) he can take it to his PFA, who have Relationship Management officers to follow up on his behalf. If the employer still did not remit his contributions, the PFA can lodge a complain to PENCOM and organization would be penalised and probably licensed withdrawn

Cool responses chidamysy, at Debbie apologies for late response.

The truth is that not all pension deductions that is not showing in your RSA statement were not remitted by employers. There are times that when the employers make remittances to the PFAs/PFCs but would not be uploaded into your RSA simply because of some contrasts between the remittance schedule receives from the employer and the one received from the pension custodian. The contrast could be as a result of amount, name, RSA PIN or period of remittance disparity and more.

In the afore mentioned case, the PFA have the remittance uploaded into TCF which is like stopgap pending the resolution of the disparity and the fund uploaded accordingly. Pls note that pending the resolution of the disparity, the fund in the TCF is not dormant and the fund also accrue interest. I must also tell you that it sometimes take weeks, months or year in some cases before rectifying the discrepancies. The period of resolution is determined by when the concerned parties (employer, PFA & PFC) respond/ resolve the issue.

How can you know if your deducted remittance is in TCF?
First confirm from your HR office if the pension remittance for the affected period has been made, if yes, visit any branches or service centres of your PFA to inquire why the remitted contribution is not reflecting in your RSA statement and where the fund is. You could as well send them an email.

Hope this response if useful.

Do not hesitate to revert is need be for further clarifications.

Career › Re: Let's Talk Pensions! Accurate Solution To All Issues With Your Pfas by Kollyman(op): 7:46am On Jan 21, 2016

ibkladunni:
Thanks for this page... Please explain how it works... After retiring, do you get all the money in the pension account at once? Can you use it to start a business if you do? Can you change PFA providers? If the PFA decide to pay in instalments after ones retirement, do you determine how much they give you? what happens if there's a lot of money left and the owner dies? Please explain to me... Thanks

Real retirement in pension means you are 50 years and above except some retirement that is based on terms and conditions of some organisations which is the only way by which you could regarded as a retiree when you are below 50 years.

Let's talk about retirement after the age of 50 years, you can be allowed to withdraw everything in your pension account when you have less than #550,000 in your retirement savings account (RSA). It is called enbloc withdrawal.

But if the fund in your RSA is above 550k, it would be programmed I.e you would have a lump sum which varies from 25% - 50% (as determined by the PENCOM template which also works with your final salary) of what you have accrued in your RSA while the remaining balance would be programmed by the PFA (paying you monthly pension for as long as the fund in your RSA can finance) or you use the fund to purchase annuity (Annuity is an insurance policy which enable the retiree to earn monthly pension so long as the person lives).

As explained earlier, if the fund in your RSA is less than 550k, you can have everything in your RSA and you can do what ever you like with it after being paid. But if above 550k, you cannot gain total access to the fund except the lump sum and monthly pension.

There is provision for RSA holders to change their PFAs but the platform has not been implemented by PENCOM. They call it "transfer window". As soon as the platform is opened, your PFA would surely make it known.

Like I said earlier, you don't determine what you get on monthly basis, the PENCOM retirement template used by the PFAs does. The calculator/template works with your final salary which is a product of your basic salary+housing allowance+transport allowance which can be derived from your payslip which must be within the last 3 months of retirement.

If the RSA holder/retiree dies while still having fund (whether huge or small) in his/her RSA, the beneficiary can apply for the payment of the funds in the deceased RSA which would be paid encloc by the PFA. However, let me shed more light on the term " beneficiary" as stated above, a beneficiary is anybody that is mentioned by a letter of administrator (LOA) as an administrator to the estate of the deceased person. The LOA is a principal requirement when the beneficiary want to apply for the fund in the RSA of a deceased person and you can get this LOA from the state probate. There is a little technicality on the LOA thing but I belief your PFA should be able to attend to your further enquiries on this. But if you are still not satisfied, you can revert. I would be here to shed more light on what ever enquiry you have.

Apologies for delayed response.

1 Like

Career › Re: Let's Talk Pensions! Accurate Solution To All Issues With Your Pfas by Kollyman(op): 11:36pm On Jan 20, 2016

Hello,

I'm very sorry for not attending to your questions, I have been very busy.

I promise to attend to them all as soon as possible.

Cheers.

Crime › Re: Trader Pours Hot Water On 12-year-old Over N100 (photo) by Kollyman: 11:25am On Jan 20, 2016

Women are so wicked that even the devil they do internship with them.

Crime › Re: Woman Tortures Boy With Bites & Razor Blades in Lagos (Pic) by Kollyman: 11:19am On Jan 20, 2016

Why are women so full of bitterness and hatered huh

?

Woman today pour hot oil on little boy

Woman tomorrow put pepper on a little girl V

Women use knife to cut a maid!

Some look beautiful but the devil they learn work from them!

Career › Re: Let's Talk Pensions! Accurate Solution To All Issues With Your Pfas by Kollyman(op): 11:07am On Jan 20, 2016

Autos › Re: I Need A Car On A Budget Of 350k by Kollyman(op): 11:06am On Jan 20, 2016

caesaraba:
Golf 3. Inidicate if interested.

How much and where is the location?

Business › Re: N50 Stamp Duty Imposed On Bank Customers By FG by Kollyman: 11:04am On Jan 20, 2016

tiptopy03:
This is a very callous and ridiculous decision. What have they done to earn back from the Public? Someone like me that most of my transactions are done via bank, how much will they be having from my peanut's earning? When they start to deduct 50naira from my hard earned gain, how much will be my final profit? What benefit have I gotten from been a Nigerian? This is food for thought.

I don't think voting them out based on this is the way forward because if you vote them out based on this development, the successive government wouldn't stop it so long as the money from it is reasonable.

Also, the law wasn't just made, it was made as far back as 2004 which means, this has been on ground before but only explored by this government.

When government is faced with a very harsh economic condition like ours, they look for other ways to make money which include an increase in levies/taxes.

1 Like

Politics › Re: How Jonathan Govt. Paid Companies Linked To Okupe To Hack ‘unfriendly’ Websites by Kollyman: 12:02pm On Jan 19, 2016

OLADD:
Sometimes I wonder the kind of blood that runs in your veins because you guys are just so primitive and sentimental in your reasonings. Did you bother to ask questions how much APC leadership paid to hack into INEC installations with the intention to produce cloned cards? I know you'll be swift to rubbish this as a hoax. Ask Oshiomole what transpired in the last APC primaries in Bayelsa where he accused Sylva of CLONING PVCs for mere intraparty election. All of you are too blind to only associate Jonathan and his govt with anything evil forgetting that Buhari and APC represent greater evil. All this blackmails and demonisation of Jonathan will not help APC and its jingoists.The victory of the wicked is just temporary.

I'm sorry for your future!

Were your port-rats in DSS able to establish the claim after buggling the APC secretariat in Ikeja?

It doesn't matter how long lies travel, the truth will surely overtake it using jumbo/turbo speed.

Wake up and say the truth for the very first time in your life.

2 Likes

Politics › Re: Wike: 'I Wont Go Down Alone, If I Go Down Everyone Goes Down With Me' - Herald by Kollyman: 11:47am On Jan 19, 2016

Nonybb:
Rubbish. Buhari is an IDIOT

Sebi you get father huh

Politics › Re: Emir Of Ibi Gave Melaye Fish At His Palace (Photos) by Kollyman: 9:34am On Jan 19, 2016

CACAWA:
lol

please be not deceived o people of little megabytes...

That is not a real fish o...

Why did you say so?

I have seen the one that is bigger than that before that 3 guys couldn't carry!

I think they call the fish "snapper".

Autos › Re: I Need A Car On A Budget Of 350k by Kollyman(op): 12:57pm On Jan 18, 2016

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Celebrities › Re: My Wife Said I Look Like Tekno!hope She Is Not Deceiving Me? by Kollyman: 8:23pm On Jan 16, 2016

Maybe she wanted to say Tecno phone!

Autos › Re: I Need A Car On A Budget Of 350k by Kollyman(op): 3:48pm On Jan 16, 2016

1 Like

Autos › Re: I Need A Car On A Budget Of 350k by Kollyman(op): 2:05pm On Jan 16, 2016

No prob

Autos › Re: I Need A Car On A Budget Of 350k by Kollyman(op): 11:27am On Jan 16, 2016

Where is the location and what do we need to change in the vehicle?

Please post the features.

Regards

Autos › I Need A Car On A Budget Of 350k by Kollyman(op): 10:28am On Jan 16, 2016

Hello NL,

Please I urgently need a good car on a budget of 350k, I want to buy it for someone (Male).

Honda, Nissan and others.

If you have any to dispose, kindly upload pics and details here.

It might not be for my consumptions alone, but for other interested buyers.

Waiting......

Regards.

Jobs/Vacancies › Re: 2016 Accion Microfinance Bank – Lagos; Ogun; Oyo; Rivers; Anambra And Akwa Ibom by Kollyman: 3:22pm On Jan 13, 2016

I think this job is a scam, please see below the list of jobs by accions according to their career portal.

http://www.accionmfb.com/Careers/Jobs-Internship.aspx

Politics › Re: Are All APC Members Innocent??? by Kollyman: 6:41pm On Jan 05, 2016

Ask Google! Abi you no get data?

1 Like

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