Nike PopoolaThe National Pension Commission is working on how to open a transfer window that will enable workers with Retirement Savings Accounts under the Contributory Pension Scheme to change their Pension Fund Administrators. The Director-General, Lagos State Pension Commission, Mrs. Folashade Onanuga, said this while enlightening retirees on the development under the CPS in Lagos. “Arrangements are also in top gear by the National Pension Commission on the issue of minimum pension and the opening of the transfer window,” she said. She educated the retirees on the two retirement options under the CPS and urged them to take time to decide between the programmed withdrawal and life annuity. So, please request for advice from your annuity service provider if your choice is annuity plan.

Source: Punch January 07, 2018 23:03 UTC