Monday, 1 January 2018

PenCom directive triggers slowdown in voluntary pension contribution

FOLLOWING the recent directive of the National Pension Commission, PenCom, which limits access to such contribution after retirement, employees making voluntary contributions into their Retirement Savings Account (RSA) has stopped such contribution. The CPS allows employees to do voluntary contribution if they so desired. Before now, employees can withdraw from the voluntary contribution at will. […]

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