The National Pension Commission (PenCom) has warned unsuspecting retirees to beware of fraudsters who are bent on defrauding them of their hard earned money.
In a statement titled ‘Scam Alert: Beware of Scammers’, the pension regulator said its staff does not request for money to facilitate payment to retirees.
“The attention of the National Pension Commission (PenCom) has been drawn to the circulation of scam messages and calls by unscrupulous individuals seeking to defraud unsuspecting retirees.
“The fraudsters, who claim to be staff of PenCom, request for money to be paid into personal accounts in order to fast track pension payments.
“PenCom hereby reiterates that its staff will never request for gratification to facilitate any payment to retirees. Moreover, all payments due to retirees under the Contributory Pension Scheme (CPS) are made strictly into individual Retirement Savings Accounts (RSAS) and processed by the Pension Fund Administrators (PFAs),” the statement said.
PenCom therefore advised the public to be “cautious about these attempted scams and seek clarifications from PenCom where necessary.”