PenCom Directs PFAs to Implement Pension Enhancement for Retirees

The National Pension Commission says all Pension Fund Administrators (PFAs) have been directed to implement the second edition of the pension enhancement exercise for retirees on Programmed Withdrawal mode of retirement.

The pension enhancement is for Contributory Pension Scheme (CPS) retirees who have accumulated significant growth in their Retirement Savings Accounts (RSAs) and had retired between July 2007 and December 2017.

Accordingly, the retirees referred to above have been advised to contact their respective Pension Fund Administrators (PFAs) to confirm their eligibility and complete requisite documentations.

Hot this week

AIICO Wins 2026 Insurance Company of the Year at Nairametrics Capital Market Awards

Left - right: Akin Morakinyo (Registrar, Chartered Institute of...

CREDIBILITY MARKETING: THE MOST EXPENSIVE CURRENCY IN THE AI DIGITAL AGE

  By Solomon Sanusi Strategist Connecting Ideas, Travel, Technology, and Markets...

PUBLIC POSITIONING: WHY GREAT BRANDS MUST BE SEEN IN THE RIGHT PLACES

   By Solomon Sanusi Strategist Connecting Ideas, Travel, Technology, and Markets...

VISIBLE PROXIMITY: WHY THE FUTURE BELONGS TO BRANDS PEOPLE CAN CONSTANTLY SEE

  By Solomon Sanusi Strategist Connecting Ideas, Travel, Technology, and Markets...

Media, Public Trust Key to Security Success – Dr. Chike Duru

Associate Professor and Head of the Department of Mass...

Topics

NAICOM, FRSC Partner to Enforce 3rd Party Motor Insurance Policy

R-L: Mr. O. S. Thomas, Commissioner for Insurance/CEO, National...

Shoprite Nigeria Closes Kano Store, Announces 2-5 Year Bullish Growth for Nigeria 

Retail Supermarket Nigeria Limited (RSNL), operating as Shoprite Nigeria...

AMCON to Disengage Non-performing AMPs over N740bn Debt

Mr. Ahmed Kuru, Managing Director/CEO, Asset Management Corporation of...

Linkage Assurance Reports N573m PAT in 1st Half 2019

Linkage Assurance Plc has recorded a 16 percent growth...

Google Shuts Down Online Insurance Business

It appears Google Compare’s grand experiment in online comparison...

Rivers State Govt Heads to Supreme Court over Fight with Pro-Wike Legislators

The Rivers State Government has resolved to appeal a...

Wema Bank Partners Karis and Eleos Hope Foundation to Commemorate World Malaria Day 2023

The World Health Organisation (WHO) reports that the highest...

Do You Really Need a Consultant?

The argument as to whether or not an organisation...