Friday, May 1, 2026
28.1 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

NGX Shareholders Commend Leadership at 65th AGM, Seeks Continued Growth

Shareholders of Nigerian Exchange Group Plc (NGX Group) have...

Sovereign Trust Insurance Set for Market Leadership via N5bn Rights Issue

Sovereign Trust Insurance Plc has completed the structuring phase...

All Set for Ecobank 2026 National Schools’ Team Chess Championship

L–R: Austen Osokpor, Head, Marketing and Corporate Communications, Ecobank...

Guinea Insurance Signals Recovery Momentum Amid Elevated Claims

Guinea Insurance Plc has announced its unaudited financial results...

TeamApt CEO says Financial Inclusion is Dependent on Reliable Payment Ecosystem

L-R: Mr. Chike Onwuegbuchi, Chairman, Nigeria Information Technology Reporters’...

Topics

Sterling Leads Charge in Revolutionising Africa’s Agric Value Chain

L-R: Managing Director Sterling Bank, Mr. Abubakar Suleiman; Keynote...

Mauritius: A Blueprint for Africa’s Future Cities

Firmly established as Africa’s most progressive business orientated jurisdiction,...

Emirates Opens New Lounge for Children

Young travellers flying Emirates as unaccompanied minors can now...

ALTON Hails NCC Chief, Umar Danbatta, for Quality Regulation of Telecom Sector

The Chairman of the Association of Licensed Telecoms Operators...

CBN Chief, Olayemi Cardoso, Tasks Central Banks, DFIs on Africa’s Growth

The Governor of the Central Bank of Nigeria, Mr....

NCDMB Chief, Wabote, Seeks Increased Crude Oil, Gas Production to Avert Importation for Refineries

Executive Secretary presented with an award in appreciation for...

Are ATMs Going Out of Fashion in Nigeria?

By Elvis Eromosele Nigeria is a cash-driven economy. Yet, today,...

ITU: Summit to Focus on Opportunities to Apply Artificial Intelligence for ‘Good’

The world’s leading minds in Artificial Intelligence (AI) and...
spot_img

Related Articles

Popular Categories

spot_imgspot_img