Federal Government begins modalities for pension payments to next batch of retirees- Aisha Dahir-Umar

 

RIZE FM RADIO- Acting Director-General of National Pension Aisha Dahir-Umar

 
   The Acting Director-General of National Pension Commission, PenCom,  Aisha Dahir-Umar, says the Federal Government had begun modalities for pension payments to next batch of retirees.

   Dahir-Umar told newsmen today in Lagos that Federal Government and PenCom had been working on modalities to enable it to release substantial fund for the retirees.
  She said retirees that perfected documentation and verification processes would be captured for the payments in the next batch, saying that the fund for the Accrued Rights was expected to cover retirees from October 2016 to August 2017.
  Dahir-Umar recalled that that the Federal Government, through PenCom, released N54 billion in April to clear pension backlog arrears and was used for pension payments of last batch of retirees.
   The PenCom boss also commended President Muhammudu Buhari for giving prominence to retirees’ well-being by settling accrued pension rights for that period.