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PenCom to employers: provide more benefits for employees

The National Pension Commission (PenCom) has urged employers to provide more benefits to their employees upon retirement. The call is coming against the agitations by some employees and retirees in the public service to be exempted from the Contributory Pension Scheme (CPS).

The National Pension Commission (PenCom) has urged employers to provide more benefits to their employees upon retirement. The call is coming against the agitations by some employees and retirees in the public service to be exempted from the Contributory Pension Scheme (CPS). Its Director-General, Mrs. Aisha Dahir-Umar in a statement, however, said the pension contributions and Group Life policy, which the Pension Reform Act (PRA) 2014 mandates employers to provide for their employees are the barest minimum.  - The Nation page 11