Saturday, 18 February 2017

Recession: Workers withdraw N61.8bn pension savings, operators groan

Nike Popoola The biting recession in the country may have made 192,905 former workers, who maintained Retirement Savings Accounts with their respective Pension Fund Administrators, as prescribed by the Contributory Pension Scheme, to withdraw N61.89bn as of the end of 2016. According to information on the withdrawal of 25 per cent of the RSA balance […]

from Punch Newspapers

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