FG earmarks N13.89bn for pension payment of retirees

PenCom which announced this in a statement noted that the accrued pension rights represent an employee’s benefits for the past years of service up to June 2004.

The agency added that it was processing payments into the various retirement savings accounts of the affected retirees, and their pension fund administrators, noting that the recipients would be notified in due course.

Business Hallmark: Read More