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Retirees to earn minimum Pension from 2017

Retirees under the Contributory Pension Scheme will from early next year enjoy a minimum pension payment irrespective of the balance in their Retirement Savings Accounts. The Chairman, Pension Fund Operators Association of Nigeria, Mr. Eguarekhide Longe, disclosed this to our correspondent in an exclusive interview. “The minimum...

FG budgets N50b for retirees

The Federal Government has budgeted N50 billion for retirees for this year. This is N41billion short of the N91billion requested from the Federal Government by the National Pension Commission (PenCom) The Director-General, National Pension Commission (PenCom), Mrs. Chinelo Anohu-Amazu, who spoke to reporters in Lagos, said...