PenCom allows total withdrawal of savings for low-income pensioners
The National Pension Commission (PenCom) has announced that low-income pensioners can now withdraw their entire Retirement Savings Account (RSA) balance or continue receiving monthly pensions until the implementation of the Minimum Pension Guarantee. This update, detailed in a memo obtained by PUNCH and signed by the Head of PenCom’s Surveillance Department, A.M. Salem, was issued…