PenCom’s New Directive For Benefits Approval To RSA Holders Begins June 1, 2025

Pursuant to its powers under the Pen­sion Reform Act 2014 (PRA 2014), to establish clear guidelines, standards, and procedures for administering re­tirement and terminal benefits under the Contributory Pension Scheme (CPS), the National Pension Commission (Pen­Com) has reviewed procedures for retire­ment and terminal benefits payment for Retirement Savings Account holders by the pension fund administrators […]