One of Nigeria’s licensed Pension Fund Administrators(PFAs), Veritas Glanvills Pensions (VG Pensions) Limited has assured retirees of quality service delivery as well as supporting them with free healthcare services.
The PFA officials, who disclosed this at its recent Annual Retiree Forum held in Osogbo, Osun State capital promised that its PFA gives good returns on investment of pension funds under its management, while also supporting its retirees and contributors through its social welfare scheme, such as the free healthcare service it gave to customers present at the retreat.
The event brought together retirees from across Osun State, providing a platform for engagement, interactions, and shared experiences, even as the forum served as an avenue to update retirees on developments within the pension industry, address their concerns, and reaffirm the company’s commitment to ensuring a smooth and fulfilling retirement journey for its clients.
The event also featured free medical services, with healthcare professionals on ground to attend to the needs of the retirees, further underscoring VG Pensions’ holistic approach to retiree welfare.
Speaking at the forum, the company’s head of business development (South), Mrs. Oluwakemi Aroyehun, emphasised the company’s commitment to the wellbeing of its retirees, noting that “our retirees have given their best years in service. Beyond managing their pensions, it is our duty to ensure they enjoy quality healthcare and remain actively carried along in industry developments.
This forum is one of the many ways we demonstrate that commitment.”
Also addressing participants, the head of benefits administration, Mr. Jimkelly Ekomaye, provided insights on the modes of accessing Retirement Savings Accounts (RSA), key features of the scheme, and documentation required for processing retirement benefits. He explained the variables that determine lump sums and monthly pensions, including date of birth, date of retirement, gender, RSA balance, and final salary while also clarifying the conditions under which retirees’ monthly pensions may qualify for enhancement.
The retirees overwhelmingly praised the forum, highlighting its significant impact in creating trust and enhancing satisfaction among participants.
One retiree, Mr. Ajibade Ayodele, commended the company for its consistency. He said, “The updates I receive at each forum are not only educational but also highly informative. I make it a point to share this valuable knowledge with my colleagues at other pension fund administrators, as I believe it is essential for everyone to recognize the benefits of the contributory pension scheme.”
Similarly, Mrs. Obembe Iyabo Motunrayo, who retired in 2017, expressed gratitude to VG Pensions for its care and customer service. She noted that, “Since my retirement, I have consistently received timely monthly pension payments. Each time I visit your office, the staff treat me with kindness and respect, making me feel valued. This level of care is something I genuinely appreciate, and I encourage VG Pensions to maintain this outstanding service.”
Chief Jegede, another retiree, emphasised the company’s reliability. He remarked that, “I have been receiving my pension since 2018, and VG Pensions has always been prompt and consistent in the payment of my monthly pension.”
The Annual Retiree Forum continues to serve as a vital platform for strengthening the bond between VG Pensions and its retirees, ensuring they remain at the centre of all pension-related initiatives.
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