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The employer or Next-of-Kin or the representative of the deceased shall notify any Stanbic IBTC Bank Branch or Stanbic IBTC Pensions Office of the death of the employee/retiree. Click to download form [PDF size:16kb].
Note: Beneficiaries of Deceased RSA holders with zero balances are expected to fill the Death Notification Form [PDF size:26kb]
and send to the last known employer of the deceased. The Managing Director (or any qualified person) is expected to fill and forward the form to PenCom for the processing of the deceased's benefits.
Benefits Accessible
The Next-of-Kin of the deceased shall upon confirmation be entitled to the balance in the account of the deceased.
Requirements to be fulfilled by the Next-of-Kin
The Next-of-Kin shall provide a satisfactory means of identification such as current International Traveling Passport, National Identity Card or letter of confirmation of identity from his/her bank or a Notary Public.
Upon confirmation, Stanbic IBTC Pension Managers Limited will demand a combination of any of items (ii) – (vii) below, which shall serve as adequate evidence of death of the employee/retiree, while item (viii) is optional:
- Letter of Administration or Will admitted to Probate
- Certificate of Death/Cause of Death
- Certificate of Registration of Death
- Police Report (if death is by accident)
- Burial Warrant issued by a Local Government Council
- Evidence of Death/Burial issued by an Islamic Community Head or Judge of a Sharia Court.
- Evidence of Death/Burial issued by a Leader of a registered church.
Copy of obituary poster (if any)
We, Stanbic IBTC Pension Managers Limited, will confirm the validity of the Letter of Administration or Will admitted to Probate and sight the originals of other documents
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