200 Ex-Customs Officers Frown At Non-payment Of Pension Benefits By Premium Pensions

No fewer than 200 Customs officers, who retired in 2022 are yet to receive their pension entitlements from their Pension Fund Administrator (PFA) which is Premium Pensions Limited (PPL).

The concerned ex-customs officers, alleged that they have done all the necessary documentation, yet, could not receive their pensions from the PFA.

They equally alleged that several efforts to have their pay have been futile as Premium Pension remains recalcitrant.

However,  there are insinuations that non-payment of Accrued rights of these ex-customs by the federal government, could stall their payment as computation of monthly or period pension payment as well as lump sum  post-retirement are calculated on both the accrued rights from the government and accumulated monthly pensions contributions from retirees’ salary while in active service.

But when LEADERSHIP make enquiries from the pension fund administrator, it claimed ignorant of such occurrence.

On her part, Head of Benefit Administration Department, PPL, Funmi Femi-Obalemo disclosed that, though the company has some customs on its account, it wasn’t aware of this set of people.

She claimed that her PFA exists to provide services to its clients and wouldn’t make any sense to deny people the services it’s meant to provide.

She urged the concerned retirees to come forward and provide their Retirement Savings Account (RSA) Personal Information Number(PIN) that will allow the pension fund  operator to look into their accounts and know exactly what the problems were and offer tangible solutions.

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