PenCom: ‘Accrued Benefits Ready for Federal Retirees’

The National Pension Commission (PenCom) says employees of federal ministries, departments and agencies who retired between January and August 2016 can now commence the process of collecting their retirement benefits through their Pension Fund Administrators (PFAs) as their accrued benefits have been credited to their Retirement Savings Accounts (RSAs).

A statement signed by Mr. Emeka Onuora, Head, Corporate Communications at PenCom, says the Federal Government and PenCom salutes the courage, patience and perseverance of the retirees during the period when resources were being mobilised to pay their accrued rights.

The Commission also stated that arrangements are being made to pay the next batch consisting of those that retired between September and December 2016.

“The Commission remains solidly committed to ensuring that retirement benefits are paid as and when due.”

spot_img
spot_img
spot_img
spot_img
spot_img

Hot this week

PenCom Engages Lagos State over Increase in Pension for Lagos State Retirees

The National Pension Commission (PenCom) acknowledges the concerns expressed...

The Nigeria Prize for Literature: Eze, Ifowodo, Oburumu in the Race for $100,000

The field has narrowed and the race for the...

Ecobank Unveils N20m InnovateX 2026 Opportunity for Young Nigerians

Ecobank Nigeria has called on young Nigerians, particularly students,...

Leadway Assurance Partners Orivon to Unveil EEWYLA Program at LAUTECH

Oriyon International Limited, a livestock production and aggregation company focused...

Tinubu to Declare Niger Delta Economic, Investment Summit Open Sept 15

President Bola Ahmed Tinubu is expected to declare open...

Topics

Universal Insurance Reports N15.25bn Premium, N2.8bn Profit in 2024

L-R: Dr. Jeff Duru, Managing Director/CEO, Universal Insurance Plc;...

Disruptive Innovations: Implications for the Future of Work

  By Tony Ojobo "Your job won't be taken by AI, but...

NCC Restores Regulatory Services to Globacom

The Nigerian Communication Commission (NCC) has restored regulatory services...

Polaris Bank Provides Free Breast Cancer Screening for 250 Nigerian Women

Polaris Bank, Nigeria’s leading digital retail commercial Bank, has...

Top 5 Business Risks for West Africa in 2018

As Nigeria exits the recession of 2017, investor sentiment...

Stanbic IBTC: The N2bn Financing Boost to Nigeria’s Health Sector 

Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings...

Africa’s Upstream Industry: Holding Steady in a Turbulent Oil, Gas Market

  By NJ Ayuk Executive Chairman African Energy Chamber Africa’s oil and gas...
spot_img

Related Articles

Popular Categories

spot_imgspot_img