The National Pension Commission has directed Pension Fund Administrators to permit retirees and foreign contributors access to full Voluntary Contributions in the Retirement Saving Accounts at the expiration of their employment.
Pension Fund Administrators
The Chairman, House of Representatives Committee on Pension, Hon. Hassan Shekarau, has pleaded with President Mohammadu Buhari to release the N66 billion needed to settle accrued backlog of pension for 2017 retirees.
The Lagos State Government says it has released over N2 billion to off-set its pensioners’ obligation under the Contributory Pension Scheme in the last three months.
They also took a swipe at the PFAs who are the custodians of the pensions contributed by civil servants before retirement, for flouting the directives of the National Pension Commission, the regulatory body set up by government to supervise…
The state Governor, Rauf Aregbesola, made the presentation through the state Head of Service, Sunday Owoeye, at a seminar organised for workers
In the survey conducted by the News Agency of Nigeria across states of the federation, some respondents, however, commended the Federal Government for initiating the scheme