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

Stanbic IBTC Reinforces Capital Markets Leadership Through Dangote Refinery IPO

Stanbic IBTC Holdings Plc has reinforced its position as...

CBN Bags NES Distinguished Organisation Award for Economic Reforms

The Central Bank of Nigeria (CBN) has received the...

Leadway Assurance Backs ISSP Initiative to Deepen Insurance Penetration, Consumer Trust

Leadway Assurance, Nigeria’s leading insurance services provider and a...

RMB Nigeria Advises on BOI’s N274.18bn Domestic Bond Issuance

L-R: Head, Debts Capital Markets, RMB Nigeria, Laju Atake;...

LG Electronics Highlights Seven Home Appliances at IFA 2026

As routines and lifestyles evolve across Europe, consumers are...

Topics

Interswitch Partners American Express to Broaden Acceptance of Amex Cards in Nigeria

    (L-R) Akeem Lawal, DCEO, Payment Processing, Interswitch; Vivi Galani,...

Lagos State, WACOT Sign MoU on Imota Rice Mill

L-R: Partner, Banwo & Ighodalo, Azeezah Muse-Sadiq; Head, Corporate...

DHL Partners Africa’s Largest e-Commerce Event

DHL Express Sub-Saharan Africa (SSA) has announced that the...

APC Plans Mass Re-engineering of Federal System

The emerging APC administration is seriously considering mass re-engineering...

Stanbic IBTC Bank Wins GTR Award for Best Trade Finance Bank in West Africa

Stanbic IBTC Bank has been honoured with the Best...

CIIN Inducts 18 Fellows, 166 Associates to Lead Sector’s Growth

Cross Section of Inductees taking oath of allegiance at...

Unity Bank Unveils Enhanced Unifi Mobile App to Deepen Digital Banking Experience

Nigeria’s retail lender, Unity Bank Plc, has launched an...
spot_img

Related Articles

Popular Categories

spot_imgspot_img