CPS: Retirees Pay N371.21bn to Life Insurance Firms

CPS: Retirees Pay N371.21bn to Life Insurance Firms

Ebere Nwoji The National Pension Commission (PenCom) has said retirees from the public and private sectors had since the inception of the Contributory Pension Scheme (CPS) paid N371.21 billion premium to life insurance companies managing annuity accounts. This was despite almost a year ban placed on life insurance firms from receiving annuity funds from retirees […]

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Source: CPS: Retirees Pay N371.21bn to Life Insurance Firms

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