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

SEC DG: Capital Market Has Capacity to Fund Abuja Infrastructure Projects

Dr. Emomotimi Agama Director-General Securities and Exchange Commission (SEC) The Director-General of...

Mutual Benefits: Shareholders Back Strategic Growth Direction at 30th AGM

Historic 30th AGM: L-R: Managing Director/CEO, Mutual Benefits Life...

NGX, Brazilian Business Delegation Explore Areas of Collaboration, Partnership

WELCOME REMARKS BY ALHAJI (DR.) UMARU KWAIRANGA GROUP CHAIRMAN,...

Leadway’s Post-Recapitalisation Signals Era of Digital-First Insurance for Critical Sectors and Nigeria’s Next Generation

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

The 2026 Almond Insurance Industry Awards Voting Opens Officially

L-R:  Mr. Obinna Chilekezi, Member, Panel of Judges, 2026...

Topics

P+ Measurement Wins Double Laurels at The Industry Award

Micheal Effiong James, Editor, Ovation Magazine, Philip Odiakose Chief Insights Officer P+ Measurement Services...

MTN Secures Fintech Licence from CBN

MTN Nigeria has announced that its subsidiary, Yello Digital...

Unitrust Insurance: Adedayo is New CEO, Olatunji Becomes ED, Technical

  Adedayo Arowojolu                                                                          Managing Director/CEO Unitrust Insurance Company Limited Unitrust Insurance...

Sovereign Trust Insurance Wins Enactus Catalyst Award

From L-R: Victor Akinfala, Head Partnerships & Special Projects,...

NNPC, Dangote Refinery Ink 10-Year Gas Deal to Boost Local Production, Industrial Growth

L-R: Managing Director, Nigeria Gas Marketing Limited (NGML), Barrister...

Impact Investors Annual Awards to Celebrate Social Impact Heroes

The Impact Investors Foundation, Nigeria’s leading platform for unlocking impact...

BCG Prescribes Post-COVID Recovery Roadmap for Nigeria 

The Boston Consulting Group (BCG), a global management consultancy...

Law Union, WAPIC Losses Drag Insurance Index Down by 0.8%

  A report by Afrinvest Research says sustained losses yesterday...
spot_img

Related Articles

Popular Categories

spot_imgspot_img