FG’s Accrued Pension Liabilities to be Cleared SoonThe Pension Commission (PenCom) has promised to clear the Federal Government’s outstanding pension liabilities under the Contributory Pension Scheme (CPS).
Acting Director-General, Oloworaran, confirmed that stakeholders are working together to resolve the issue.The delay in fund releases has affected timely retirement benefits, but Oloworaran assured that this will soon be resolved.
PenCom is committed to improving pension services for contributors and retirees.Additionally, PenCom is preparing for the 2024 Online Enrolment Exercise, starting October 7, for 2025 prospective retirees of Treasury-funded MDAs.
This exercise ensures accurate information for budgetary provisions.
