Retirees of the Nigerian Aviation Handling Company (NAHCO) are advocating for special consideration in the disbursement of the nation’s ₦758 billion pension fund. The retirees assert that their years of dedicated service to the aviation industry warrant prioritized attention to their pension entitlements.
The retirees have raised concerns regarding delays in pension payments and the adequacy of the funds allocated to them. They emphasize that timely and sufficient disbursements are crucial for their well-being, especially considering the rising cost of living and healthcare needs.
PenCom has acknowledged the concerns of the retirees and has assured them of ongoing efforts to address the issues within the regulatory framework. The commission emphasizes its commitment to safeguarding the interests of all pensioners and ensuring the sustainability of the pension fund.
The situation highlights the broader challenges within Nigeria’s pension system, including fund management, disbursement efficiency, and the need for reforms to accommodate the evolving needs of retirees.
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