Can your next of kin access your contributory pension

[Georgeadawara]

A next of kin can get access to ones properties when one is gone so far there is a document backing it. For a next of kin to have access to pension fund of his or her father or mother, there must be able to present death certificate and some vital documents to proof that the deceased have given the next of kin the order to do that.

 

[Hojo]

Next of kin matters in pension too , once his father or mother is dead , you process it through the bank by not letting the government officials know about it , though it's risky

Post automatically merged: Sep 28, 2021

Exactly one of the question have been haggling with my friend , I think once the pensioneer is dead the will settle the next of kin once and for all

Post automatically merged: Sep 28, 2021

Your question is confusing , is it pension or contribution, you need to be specific .., if pension once the beneficiary is death I don't think next of kin will have ascess to except he or she works it out in an illegal way ..

 

[Toyoabasi]

Can one next of kin get access to ones contributory pension since its your contribution can he or she get access to it when you are gone or it also stop when the person dies can your next of kin get access to your contributory pension

I think the 'next of kin' is usually required when filling a pension fund.
So, if the pensioner is no more, the pension can be redirected to the next of kin. That's how it works over here.

 

[greenie]

Pension and contributory both are different from each other.
Your question is quite confusing . There is a difference between pension and contributory pension. For normal pension paid by government , after the death of the person , and the contributory pension is lum sum amount which is given at the time of retirement that is also given to the next of kin if employee died in service .

 

[Smiles20]

Provided that you are still alive and healthy you are the only one who can have access to the funds that you are contributing to your pension. Your family or your next of kin can only access it after you are gone.

 

[Dagm1]

If the system is not based on fraud, the next of kin can undoubtedly access the contributed pension.
There is a chance since in every financial system, everyone is eligible to get the advantages of his or her contribution.

 

[Setho]

A lot of pension schemes are made in such a way that it is only going to be beneficial to one person. The only way that he can have access to any benefits is after you must have gone.

 

[HayKay]

Of course. Almost all pension and financial funds always require your next of kin information in case of any negative eventualities so your money doesn't get trapped and you can have it transferred to beneficiaries.

 

[tyrim88]

I think the reason why provision is made for persons to include their next of kin,is for security prupose,so that in the event of the passing away of a principal,the next of kin would be the beneficiary.

 

[frederick_9]

As the next of kin succumbs to the chilly grip of death, they can only contact the person who stopped them.
When the true owner is still living, you are able to access their account as a next of kin.
It can only be accessed after the owner has passed away.

 

[Syldan]

Actually your next of kin is the major beneficiary of everything you own both in pension benefit, business and all perspectives because his name will be reflecting even in your absence.