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 ..

MicroBox:
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 ..

Get in contact with IBTC and ask them. Study your employment contract/condition of service.

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?

No she can't. She has to wait till she's 65

MicroBox:
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 ..

You can not access that money again until you reach retirement age.

bluetopaz:
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?

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)

CanadianNaija:


You can not access that money again until you reach retirement age.

True

CanadianNaija:


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)

Its actually 50 years. So op, you wait till u clock 50.
You can also reach out to them. Things might have changed

MicroBox:
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 ..

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.

Thanks everyone..