Federal Govt 41 Months Ahead in Accrued Pension Rights Payment — PenCom

The federal government is 41 months ahead in the payment of accrued pension rights to retiring public servants, the National Pension Commission has said.
The head of PenCom’s Corporate Communications Department, Ibrahim Buwai, disclosed this at the 36th Annual Conference of the Finance Correspondents Association of Nigeria (FICAN), held in Lagos at the weekend.
Buwai said the development meant that pension liabilities owed to federal government employees retiring up to December 2029 had been provided for.
“Today, we are 41 months in surplus. This means that we have paid the accrued pension rights of federal government employees due to retire up to December 2029,” he said.
He descr...