Tag: PenCom to hammer PFAs barring PW retirees from moving into RLA

Pension

PenCom to hammer PFAs barring PW retirees from moving into RLA

Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has threatened to sanction Pension Fund Operators (PFOs) that are rejecting provisional Retiree Life Annuity (RLA) agreements presented by retirees already on Programmed Withdrawal (PW) seeking to transfer to RLA as their preferred mode of retirement benefits […]