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Pay rise for those in retirement

23 December 2022

The National Pension Commission (PenCom) has announced the third edition of Pension Enhancement for retirees on Programmed Withdrawal under the Contributory Pension Scheme.

The statement is effectively saying retirees should effectively be getting a pay rise where they 'have accumulated significant growth in their Retirement Savings Accounts (RSAs)', though 'significant growth' is not defined.

For more information please contact your PFA. PFA details here

See Release from PenCom

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