The pensioners made the appeal while reacting to the communique from the 22nd meeting of the Nigeria Governors’ Forum, which detailed their plans to leverage a portion of the accumulated pension funds and invest in infrastructure.
Browsing: Pension Funds
Wabba expressed the disapproval at the 47th National Executive Council meeting of the Medical and Health Workers’ Union of Nigeria.
The Governors last week reportedly proposed to borrow around N17 trillion from the pension funds after receiving a briefing from the Kaduna State Governor, Mallam Nasir el-Rufai, who is the Chairman of the National Economic Council Ad Hoc Committee on Leveraging Portion of Accumulated Pension Funds for Investment in the Nigeria Sovereign Investment Authority.
The Transfer Window, under the Pensions Reform Act of 2014, is an opportunity for Retirement Savings Account holders to switch from one Pension Funds Administrator to another.