Premium pension starts retirees payment December

Premium pension is set to commence the payment of enhanced monthly pension to its retirees-customers with effect from December 2017.

In a statement issued by its head of corporate communication Aliyu Mohammad Ali, the payment is in line with the directive of the National Pension Commission (PenComm) and also the upward review of the monthly pension is to ensure that it synchronizes with growth in pension funds and also respond to the yearnings of the retirees.

The statement added that the Acting Managing Director/Chief Executive Officer of Premium Pension Limited, Mr. Kabir Ahmed Tijjani assured that the payment of enhanced pension will apply to retirees with reasonable balances in their Retirement Savings Accounts (RSAs), which has earned significant income overtime which indicates that RSA holders are made to benefit from increased Return on Investment of pension funds.


Dear valued readers, subscribe to the Daily Trust e-paper to continue enjoying our diet of authoritative news. Kindly subscribe here


Download Daily Trust News App

Get it on Google Play
Share this article

Join us on

Join our whatsapp group here for Breaking News, Exclusives , others

Complain about a story or Report an error and/or correction: +2348189301900 (Whatsapp and SMS only) Email:

DISCLAIMER: Comments on this thread are that of the maker and they do not necessarily reflect the organizations stand or views on issues.