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    Grounds for Withdrawals
 

Grounds for Withdrawals

 

Beneficiaries of Missing Persons

The employer and/or Next-of-Kin shall notify any Stanbic IBTC Bank Branch or Stanbic IBTC Pensions Office of the death of the employee/retiree, or the disappearance of the employee/retiree. Such notification shall be after a minimum period of 12 months following the disappearance of the missing person. Download the missing person's form here .[PDF size:16kb].

Benefits Accessible

This will depend on the decision of the Board of Inquiry conveyed by The Commission.

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 Notary Public.
 
 
 
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Important Notices                                      
Pension fund up 27.33%, may hit N1.6trn by 2011.
As more workers in both the private and public sectors of the economy continue to register with licensed Pension Fund Administrators (PFAs) under the contributory pension scheme, there is growing optimism that the scheme would achieve its ambitious growth target of N1.6 trillion in asset by 2011. Read More

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