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FG releases N16bn to clear accrued pension rights

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The Presidential approval covered the payment of outstanding accrued pension rights for verified and enrolled retirees of treasury-funded MDAs that are yet to be ...'

reports that accrued rights represent benefits for employees of Treasury Funded MDAs who worked up to June 2004, before the Pension Reform Act that gave birth to the Contributory Pension Scheme was introduced.

 

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