Payment of accrued pension rights: FG releases N11.82 billion - The Revealer

Payment of accrued pension rights: FG releases N11.82 billion

January 8, 2021

51 Less than a minute

The Federal Government has released N11.82 billion for payment of accrued pension rights of retirees under its Ministries Department and Agencies (MDAs).

Head, Corporate Communications Department, National Pension Commission (PenCom) Peter Aghahowa, disclosed this in a statement, noting that accrued rights represent benefits for employees of Treasury Funded MDAs who worked up to June 2004, when the Pension Reform Act was introduced.

“The Commission appreciates the effort of the Federal Government at ensuring that the accrued rights arrears are cleared”, he said.

January 8, 2021

51 Less than a minute

Edet Udoh

We are The Revealer, a general online news platform based in Nigeria. Our focus amongst others is to provide credible, factual, well researched and balanced news and articles for our teeming readers in business, governments, politics, engineering, science, religion, technology etc. Edet Udoh is the Managing Editor. He is an experienced media person. He has worked extensively with the Champion Newspapers, The Authority Newspapers and the Blueprint Newspaper before starting Revealer Online News platform in 2018. He can be reached with this email address: edetudoh2003@gmail.com or via these phone numbers 08061246427 and 08170080488