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

Continental Re Group ED, Emeka Akwiwu, Others at IFRS 17 Roundtable in Lagos

L-R: Oracle MEA Official; Mr. Emeka Akwiwu, Group Executive...

FG, ENI, NAEL Resolve OPL 245, Unlocks Major Deepwater Investment

Chief Executive Officer Eni, Claudio Descalzi and President Bola...

TotalEnergies Ubeta Field ’ll Record Nigerian Content Successes – NCDMB ES

The execution of the Ubeta Field Development Project by...

Leadway Partners NBA to Deepen Insurance Coverage for Lawyers

Leadway Assurance has reiterated its commitment to providing insurance...

AMCON, ESVARBON Partner on Sale of Assets

The Managing Director/Chief Executive Officer, Asset Management Corporation of...

Ecobank Assures Farmers of Seamless Processes to Access Agric Loans

Ecobank Nigeria has assured farmers who are beneficiaries of...

3-Day Bearish Run Pulls Market YTD Loss to 2018-Low… NSE ASI Down 0.6%

The negative performance of the domestic bourse extended into...

APC Chairman, Nentawe Yilwatda, Hails President Tinubu at 74

Professor Nentawe Yilwatda, National Chairman, All Progressives Congress (APC),...
spot_img

Related Articles

Popular Categories

spot_imgspot_img