PenCom begins payments of N13.89 billion pension rights to retirees The federal government has approved the payment of ₦13.89 billion accrued pension rights to the Contributory Pension Scheme (CPS) retirees of the year 2022. The National Pension Commission (PenCom) announced this in a statement on Thursday stating that it has already commenced processing payments into the various retirement savings accounts of the affected retirees, and their pension fund administrators, noting that the recipients will be notified in due course. “The accrued pension rights represent an employee’s benefits for the past years...