The dream of most workers is to get something every month after they retire.

But these 72,113 retirees have had their dreams crashed by the Pension Commission, PenCom.

According to a report obtained by Punch from the National Pension Commission, the affected retirees contributed from the public and private sectors and got their refunds as of the end of September 2016.

PenCom disclosed that the retirees were not qualified to earn pension because they did not have more than 550,000 Naira in their Retirement Savings Accounts upon retirement.

Those who were also refunded include foreigners returning to their countries.

"These were retirees whose RSA balances were 550,000 Naira or below and considered insufficient to procure programmed withdrawal or life annuity of a reasonable amount over an expected life span.

"These also included foreign nationals who have voluntarily contributed, but are returning to their countries,” the report stated.

An analysis shows 5,918 of the affected retirees are former workers of federal government; 1,423 are former state government workers, while the remaining 64,772 contributors are from the private sector.