Nigeria: Safety of Pension Assets Is Top Priority, Says Jonathan

24 July 2014

President Goodluck Jonathan has assured workers and retirees, especially participants in the Contributory Pension Scheme, CPS, that protection of pension assets for the payment of retirement benefits, as and when due, is paramount to his government.

The President also explained that his government has restructured the administration of the defunct Defined Benefits Scheme, DBS, in the public service, by setting-up the Pension Transitional Arrangement Department, PTAD, and appointing its substantive head to improve the scheme.

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