The National Pension Commission (PenCom) has paid 18-month outstanding pension accrued rights of former federal government employees, bringing relief for retirees and their families. The recent payment, which reduced the 21- month backlog to three at the end of March 2025, brings total accrued rights pay-out to N1.211 trillion for 268,074 retirees of treasury-funded Ministries, Departments and Agencies (MDAs). Accrued rights are accumulated pension benefits for employees of treasury-funded MDAs of the federal government from their date of
The National Pension Commission (PenCom) has paid 18-month outstanding pension accrued rights of former federal government employees, bringing relief for retirees and their families. The recent payment, which reduced the 21- month backlog to three at the end of March 2025, brings total accrued rights pay-out to N1.211 trillion for 268,074 retirees of treasury-funded Ministries, Departments and Agencies (MDAs). Accrued rights are accumulated pension benefits for employees of treasury-funded MDAs of the federal government from their date of