Retirees fund records 13% average returns in 9 years
Retirees Fund under the Contributory Pension Scheme (CPS) which are invested in approved asset classes within the limits stipulated in the National Pension Commission (PenCom) investment regulation has returned, on the average, 13 percent from 2009 to date. Investment of retirees fund by Pension Fund Administrators (PFAs) is professionally done under the supervision of the…
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