₦airaland Forum

Gobdddd:
A friend of mine was suspended indefinitely from where he works since 2013. Though he was a contract staff.

Till date he's still unable to Access his funds.

He has no plans of returning to paid jobs anymore.

But we're confused as to why his pension manages refused to release his 25% atleast with the suspension letter by

kinglee007:
Hello Guys and gurus in the house.

Please someone dearly needs your financial advice.
My friend Joe (not real name) resigned early from his working place in 2019 and before the resignation, he had a pension plan with a Pension Company (name withheld). With the little he got from his former working place, he applied to retrieve his pension from the pension company but was told that he could only access 25% of the pensions for now.

The remaining funds, according to what he said they told him, can only be accessed when he clocks 50. That's more than a decade plus from the time of his resignation.

The funny thing about the whole ish is that, within the period he resigned, some older staffs(who were not up to 50 years in age) also resigned and had the same pension plan with him. They were also told the same thing about the 25% thing. Joe, called me up about a month ago and told me he and one of his old colleague that resigned the same time with him met at an event and they tried to catch up on how they've been fairing after resigning.

The discussion led to the friend laughing at Joe (in a mocking way), telling him that HE HAS GOTTEN FULL ACCESS TO THE REMAINING FUNDS IN HIS PENSION ACCOUNT. This guy is like a year or two older than Joe.

When Joe asked him how, he said he can't tell him how but he should understand that this is Nigeria. Joe has been begging this guy ever since to tell him not until yesterday that he sent a number to him via text telling him to call the number and tell the lady that he is from Joe's friend. He said the lady will link him up.

So guys and gurus in the house, I decided to throw this question here because I know most pension funds are handled by PENCOM and if it's still the same PENCOM I know, that rule of 50 years still stands.

So guys, please is it possible for someone to really have access to all his pension funds before he or she clocks 50? Sorry for the errors you might have encountered while reading and also the long post. Will appreciate if a response can be gotten as soon as possible. Thanks

lonelydora:
Stay there and be playing with someone's grandmother

Ynix:
I hope he told the guy, else that your oga also have failed in one of the essence of life which is living to love and to leave a legacy.
The first question is this, is it allowed in English?
Second, is there supposed to be a room for improvement.

TruthHurts1:
Elon Musk recently used "AM" instead of "I'M" or "I AM" in a tweet and the world didn't come to an end. All the same I can see where your boss is coming from. Using "AM" in a tweet is not the same as using it in an official correspondence.

FutureIsFemale:
Hmm
And on the other thread where a 90yr old raped two of his granddaughters, a lady was saying she would rather have male children.

I shook my head for her.

Cc: DaddyRochie1642

wizelink:
I really don't see OLE survive this defeat. He might be sacked before next weekend because their fans could turn violent against OLE and their OWNERS. Conte could be his replacement.

Iyaebe:
Truly men are really facing a lot to meet their financial needs,but you didn't state the cut for olosho,why did you hide that aspect? You see most of these present day young men ehn,even if they receive 10naira monthly they will still cut olosho own aside like 3naira from the 10naira and tell their parents they are receiving 7naira as salary.

house10s:
5k nah em u dey write all this handover like say nah port authority u dey work

Ynix:
That is where Federal Ministry of Labour and Employment comes in, all you have to do is know your Labour law

Ten06:
We are 15 in my family and we are doing well except him.
4 of us are in abroad

Harrykn:
Why y’all hating.
According to text, he is smart and intelligent and makes lot of money, A PhD student @35.
It’s still the parent’s responsibility to take care of him, other siblings can huge transformer if they don’t like it that way and besides you’ve forgotten to list his good deeds to portray that since you came to existence he has never done anything good.
Rest Jare, you don’t know what is going on and don’t disturb that guy again. If you can afford leaving the house for him please do and allow him stay there in peace.

Ten06:
Your own is good that he has business and he is also pursuing his PhD.
Mine has gotten his OND but doesn't know anything, he lives with my mom, he doesn't work and does not help in house chores. All what he does is to finish the pot of soup and watch TV or go out to drink beer.

If you try to advise him you will regret it because he will tell you that he knows more than you and will quote any half verse of the Bible to counter you

TooMuchStuff:
Free Igboho.

He's innocent

sharpsecret:
so how many hedsmen or bandits have u fished out??....between south east and north east where are more soldiers killed daily....recently the Nigeria army apologised to a community in the north for mistakenly killing a civilian in that community during an onslaught against bandits but in the east u order soldiers to shoot anyone they see whether footballer.doctor.pastor or grandma...this is clearly genocide and it will never be well with u for supporting evil

tutudesz:
If Evans can plead not guilty with all the evidence, anybody can plead not guilty too

helinues:
See me see wahala oo, When Ipobs have been the one in charge of security apparatus in SE.

No soldiers would have the guts to do such cos they are aware of what Ipobs can do most especially when they vex

Omoluabi1stborn:


Can the government give us the figures of North East?