ICPC Helps Pensioner Recover N102,000

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has helped a pensioner, Mr. Okereke Godswill, recover N102,000 being owed him by his Pension Fund Administrator (PFA), Trustfund Pensions, Plc.

Trouble for Mr. Godswill, an indigene of Akwakuma, Owerri, Imo State, started when he requested his PFA to transfer his Retirement Savings Account (RSA) to another insurance company, American International Insurance Company (AIICO) to enable him buy life annuity.

His PFA, rather than honour his transfer request, stopped paying his monthly pension of N34,224.80 since May 2015, prompting him to petition ICPC.

The Commission’s intervention has now led Trustfund Pensions to pay him N102,000 being pension arrears of three months while the transfer request crisis persisted.

The PFA explained that the arrears were accumulated as a result of his request to get his benefits transferred to AIICO; and that the delay in the purchase of life annuity was due to a reshuffling that was taking place in the company as at then.

This assistance to Mr. Godswill by ICPC continues in the tradition of the Commission to provide help for the weak and the voiceless in the society who are oppressed oftentimes by the sheer complexities of government or corporate bureaucracy and deliberate mischief by functionaries.

The Commission has intervened on numerous occasions to provide succor for many pensioners, patients, students, etc. requiring help to collect their entitlements or secure their graduation as the case may be.