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PenCom releases N54bn to FG retirees
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PenCom releases N54bn to FG retirees

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The National Pension Commission on Tuesday released the accrued benefits of retired workers of Ministries,

Departments and Agencies of the Federal Government who retired from service between January and August 2016.

The Head, Corporate Communications, PenCom, Mr. Emeka Onuorah, confirmed the release of the funds to the pensioners in a statement.

Findings from officials of the commission revealed that the total amount released for payment of the retirees was about N54bn.

The statement read in part, “This is to inform all employees of the treasury-funded federal Ministries, Departments and Agencies, who retired between January and August 2016 and were duly enrolled, that their accrued benefits have been credited to their Retirement Savings Accounts.

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