Shocking Revelation: “Nigerians Have Been Dying and Resurrecting” to Get Pension Benefits

Shocking Revelation: “Nigerians Have Been Dying and Resurrecting” to Get Pension Benefits

  • The national pension commission has said Nigerians are faking their deaths to get their entitlement from the contributory pension scheme
  • Obiora Ibeziako, who is the head of the benefits and insurance department of the commission, said this while speaking on retirement benefits and efforts to safeguard workers
  • The pension boss added that the commission has made efforts to ensure that anyone reportedly dead will have his or her bank account closed

The national pension commission (PenCom) has said relatives, workers and retirees who fake the death of contributors to the contributory pension scheme to get entitlement of deceased persons.

Aside from other means of verification, PenCom said it has asked the banks to close accounts of any person reportedly dead, noting that it would stop them from operating bank accounts in the country again, The Punch reported.

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Pension/Pensioners/PenCom
How Nigerians have been faking their death to get pension benefits Photo Credit: UGC
Source: Getty Images

Why we move to block bank accounts of deceased pensioners - PenCom

The industry regulator stated that this move became necessary due to the growing incidents of fake deaths organised to get benefits from the retirement savings accounts of reported dead workers.

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This was disclosed by Obiora Ibeziako, the head of the benefits and insurance department of PenCom when he spoke on the administration of retirement benefits and efforts to safeguard the commission’s workers.

“Nigerians have been dying and resurrecting. If you send us a notification that you are dead, we will make sure that your bank blocks your account also,” Ibeziako said.

The PenCom boss lamented that people have faked their deaths, spouses fake the death of their partners, but the truth is revealed when due process is commenced.

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Ibeziako cited a situation where the benefit of a person reportedly dead is in process, and the said deceased walked in, and the staff picked up the race.

He said his wife had procured an obituary announcement and did every necessary thing without the knowledge of the man.

Southeast pensioners lament non-payment of pension by state governors, advise FG on what to do

Legit.ng earlier reported that the Federal Government has been urged to intervene in the non-payment of pensions by governors of the southeast region.

The call was made by Anambra state's chairman of the National Union of Pensioners, Anthony Ugozor.

According to Ugozor, it is important for FG to withhold state governors' federal allocations until they offset the outstanding payment of pensions in their respective states.

Source: Legit.ng

Authors:
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Bada Yusuf (Politics and Current Affairs Editor) Yusuf Amoo Bada is an accomplished writer with 7 years of experience in journalism and writing, he is also politics and current affairs editor with Legit.ng. He holds B.A in Literature from OAU, and Diploma in Mass Comm. He has obtained certificates in Advance Digital Reporting, News Lab workshop, Journalism AI Discovery. He previously worked as Editor with OperaNews. Legit’s Best Editor of the Year for Politics and Current Affairs Desk (2023). Contact: bada.yusuf.amoo@corp.legit.ng