Monday, December 15, 2025
26.4 C
Lagos

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

Hot this week

Diesel Supply Disruptions: Quality of Service Challenges in Abuja

The Nigerian Communications Commission (NCC) is aware of the...

FG to Empower Businesses with N1.4tn in 2026 via Tax Reform

Mr. Taiwo Oyedele, Chairman of the Presidential Committee on...

NCC Promises Seamless Quality of Service Despite Challenges in Abuja

The Nigerian Communications Commission (NCC) acknowledges the Quality of...

Stanbic IBTC FUZE Festival Returns with The Ultimate Show on Saturday, Dec 20

Stanbic IBTC, a member of Standard Bank Group, has...

FG, SEC, NGX Group Forge Unified Direction on Capital Gains Tax Reform

The Federal Government has inaugurated the National Tax Policy...

Topics

Europe-Africa Partnership Grants €10m for New Anti-malarial Drug

The European & Developing Countries Clinical Trials Partnership (EDCTP) grants...

Niger Insurance: Leveraging on Retail & Micro-insurance for Sustainable Growth

For Niger Insurance Plc, the future growth trajectory of...

International Women’s Day 2023: ‘STI Believes in a World of Equality’

  As the world gets set to celebrate the International...

$3tr Emerging Markets Debt Threatens Global Economy

The International Monetary Fund (IMF) says emerging markets have over-borrowed over $3 trillion in debt, thus posing the greatest risks to the global economy amid a fifth straight year of slowing growth. "We estimate that there is up to $3 trillion in over-borrowing in emerging markets," Jose Vinals, a top IMF official, said in presenting the body's Global Financial Stability report at its Annual Meetings in Lima, Peru.

GE Africa CEO Wins Princeton in Africa Award

Jay Ireland, CEO & President of GE Africa was...

CBN, Bank of Angola Sign MoU on Technical Co-operation at IMF/World Bank Meeting

In an effort to enhance bilateral cooperation and technical...

Why Investors Should Not Ignore Opportunities in Fragile States

Africa is experiencing fewer wars than it did two decades ago but conflict, insecurity and the fragility of states is still a major concern for business. Politically motivated instability can be seen in countries like Burundi, South Sudan, Mali, eastern DRC, Libya and Somalia, while Nigeria and Kenya are dealing with terrorist activities. But American entrepreneur Jake Cusack believes there are “genuine economic opportunities” in these fragile markets. He says companies need to be strategic about what parts of a country they invest in, and whom to partner with, as opposed to writing off an entire country.

Unity Bank Customer Wins N1m in CashToken Rewards Promo

From Left: Eghomwanre Iyamu, Head, e-Business; Aisha Lawan Gana,...
spot_img

Related Articles

Popular Categories

spot_imgspot_img