PenCom kicks against bill seeking payment of “at least 75 per cent” lump sum to retirees
The National Pension Commission (PenCom) has frowned at the suggested payment of “at least 75 per cent’’ lump sum to retiring workers under the Contributory Pension Scheme (CPS). The suggestion was made in the Pension Reform Amendment Bill currently before the National Assembly. PenCom’s Director-General, Aisha Dahir-Umar, said the suggestion