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Ageing in Agony: FG’s Pension Delays Deepen Retirees’ Despair

wn.com 6 days ago

Business | 59 mins ago In what looks like a case of robbing Peter to pay Paul, the federal government has been funding governance through the efforts of its civil servants but defaulting in the payment of pension benefits otherwise known as accrued pension rights of pensioners since 2022,... read full story

"Despite the balances in the Retirement Savings Account (RSA) of the retirees, the PFAs are unable to pay because of Section 2.3 of the Revised Regulation on the Administration of Retirement/Terminal Benefits."

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