The Federal Government on Wednesday released N16.67 billion for the payment of accrued pension rights to 2021 retirees of Treasury-funded Ministries, Departments and Agencies (MDAs).
This is contained in a statement signed by the Head, Corporate Communications Department, National Pension Commission (PenCom), Mr Peter Aghahowa, made available to journalists in Lagos.
Aghahowa said the Federal Government had earlier settled all arrears of accrued pension rights payments to the verified and enrolled retirees up to December 2020.