Nigeria
Sign in
Pension Managers
Services
Services
Retirement Savings Accounts
RSA Registration
Contributing to your RSA
Transfer Information
Micro Pension Accounts
Micro Pension Account Registration
Voluntary Contributions
Making A Voluntary Contribution
Retirement
Making Withdrawals at Retirement
Pension Calculator
Pension Calculator
13 July 2021

Pension operators, lawmakers to review lump sum payable to retirees

Pension Fund Operators Association of Nigeria and the Joint Committee for Establishment and Public Service of the Senate and House of Representatives Committees on Pension have agreed to review the lump sum payable to retirees.

Pension Fund Operators Association of Nigeria and the Joint Committee for Establishment and Public Service of the Senate and House of Representatives Committees on Pension have agreed to review the lump sum payable to retirees. The agreement was contained in a communique on Monday at the end of the third annual PenOp-NASS retreat in Lagos. The lawmakers and Pension Operators said the retirees’ lump sum needed to be reviewed to address issues of adequacy and contributors’ agitation. – Punch online