The federal government has said it will through its budgetary provisions for 2019, clear backlog of outstanding accrued pension rights of its workers as well as the outstanding three per cent additional contributions to the retirement Savings Account of its workforce as stated by the 2014 Pension Reform Act.
The PenCom boss, however, assured the retiring workers that respite has come their way in this regard, saying the federal government in the 2019 budget, retained all its budgetary presentations for retirees. Both PenCom and PFAs believe that release of the accrued rights of workers would enhance payment of benefits to workers.
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