Pension under the CPS shall be increased after every five years or whenever there is increase in the salaries of active workers in line with the provisions of Section 173 of the 1999 Constitution (as Amended). In addition, pension can be enhanced based on increased RSA balances occasioned by high returns on investment of the retiree assets by the PFAs.
- 01. How does PenCom ensure the soundness of PFAs and PFCs?
- 34. How long does it take to finish processing applications for payment of benefits?