Home News PenCom says pensioners’ 11 months accrued rights not N98bn

PenCom says pensioners’ 11 months accrued rights not N98bn

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THE National Pensions Commission (PenCom) on Wednesday refuted claims that pensioners’ accrued rights from May 2017 to April 2018 was N97.55 billion.
Dr Amino Farouk, Head, Research and Corporate Strategy Department, PenCom, told the News Agency of Nigeria (NAN) in Lagos that the faulty claims were by some media organisations.
Pensioners’ accrued rights are the term used to describe what the Federal Government owes its workers who have been in service before the commencement of the Pensions Reform Act, 2004.

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