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.”

Hot this week

SanlamAllianz Nigeria Launches Proud Moments 2.0, Celebrates Achievements Worth Protecting

Riding on the resounding success of its foundational debut,...

Insurance Meets Tech 5.0 Now Holds on November 20, 2026

Insurance Meets Tech (IMT), Nigeria’s leading platform for conversations...

Sanwo-Olu, Lai Mohammed, Gbenga Daniel to Discuss 2027 Elections, Insecurity at 7th Freedom Online Lecture

Challenges facing the economy and insecurity, especially associated with...

AXA Mansard Intensifies Hepatitis Awareness with Free Community Screening

As part of efforts to promote preventive healthcare and...

Heirs Insurance Group Celebrates 1,000 Retirees at Lagos Meeting

Heirs Insurance Group, Nigeria's fastest-growing insurance group, reaffirmed its...

Topics

NAICOM: ‘Policyholders Remain Key Component of Insurance Industry’

The National Insurance Commission (NAICOM) says that policyholders remains...

Heritage Bank: 1st Institution to Win CBN’s Best Supporting Bank with ABP Information

Heritage Bank Plc, one of Nigeria’s most innovative service...

Old Mutual Urges Nigerians to Mitigate Risks via Insurance

The Management of Old Mutual General Insurance Company, a...

FG: No Region Will Be Left Behind in Nigeria’s Development Drive

The federal government has stated that in Nigeria’s march...

Heirs Insurance Group Opens Entry for 5th Essay Championship with ₦11.5m Prizes for Students, Teachers, Schools

Heirs Insurance Group, Nigeria’s fastest-growing insurance group, has opened...

Stanbic IBTC Enhances Intercontinental Trade, Holds Africa-China Trade Expo

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

NCDMB, Coppercrux Engage South-South Youths on CNG Technologies, Opportunities in Value Chains

The Nigerian Content Development and Monitoring Board (NCDMB), in...

FG Unveils 10-Point Fiscal Roadmap to Grow Economy

Mrs. Kemi Adeosun, Minister of Finance has unveiled a...