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

WorldStage Business Forum Q2 2026: Prof. Baale Makes Case for Building World-class Nigerian Corporate Culture

L-R: Mr. Segun Adeleye, President/CEO, World Stage Limited; Prof. Lere...

Insurance Brokers Reaffirm Commitment to Local Content, Digital Innovation at SUPERNEWS Conference

Deputy President of the Nigerian Council of Registered Insurance...

Regency Alliance Insurance Launches N7bn Private Placement

Regency Alliance Insurance Plc has officially launched a private...

Nigeria’s Private Sector Launches Gender Country Program to Unlock Inclusive Growth

Senior government officials, regulators, development finance institutions and business...

SERAP Sues INEC over ‘Failure to Probe Alleged N800bn FAAC Diversion for Campaign Funding’

Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit...

Topics

Akinwumi Adesina of Nigeria: Historic Election as 8th President of African Development Bank

I have been given a great responsibility,” Akinwumi A. Adesina said upon his election as the 8th President of the African Development Bank Group. The victory was the first by a Nigerian in the 50th year history of the Bank. The President-Elect said he was “humbled by this remarkable vote of confidence in me” on the part of the Bank’s Board of Governors, who met during the Bank Group’s 50th Annual Meetings in Abidjan, Côte d’Ivoire.

40 Nigerian Brokers, Insurers Retool Professional Capacity at BIBA 2023

  L-R:  A Past President of the Nigerian Council of...

AIG to Sack 125 Staff in UK

American International Group Inc., the insurer under pressure from...

ADVISORY SERIES: How to Switch Your Career to a Tech...

Why MTN Conceded Defeat in NCC Case

It is no longer news that MTN Nigeria conceded...

China Mobile Shutting Down 3G Base Stations

A number of China Mobile's regional divisions have started...

AfDB, India to Boost Africa Relations

The President of the African Development Bank Group (AfDB),...
spot_img

Related Articles

Popular Categories

spot_imgspot_img