By Yemis Izuora-Lagos
Pensioners under the Future Unity Glanvills Pensions Limited at the recent Retiree Forum organized by the company in Lagos have commended the company for reshaping their lives after retirement.
Acknowledging the impact of various pre-retirement sensitization workshops organized by the PFA on how to utilize their pension monies at retirement, they confessed that the programmes have tutored them on how to continue to live a meaningful life with their pension monies.
They commended the effort of the company in ensuring that their monthly pension is regular and prompt, while continually serving them better.
The Acting Chairman, FUG Pension, Adeyinka Shogunle said at the forum that pension assets under the management of FUG Pensions Limited, have hit N30 billion.
According to him, total payment made to retirees as at inception till date has grown to N3billion, while Retirement Savings Account holder (RSA) unit price has cumulatively grown from one naira to N1.82kobo, noting that the unit price would soon hit a N2mark.
This, he said, implies that retiree’s investment return has grown by 82 per cent, assuring that the board and management of the company have ensured safety and good investment returns of every retiree.
FUG Managing Director, Usman
Suleiman further disclosed that the company as at last year had 1600 retirees but presently has 3500 retirees under its management.
He said they have put new systems and processes in place to ensure better service delivery to retirees and contributors.
“The forum has become a regular and nationwide event. We are at presence poise to give not only high standard service but global service. We are ensuring that the pension fund under our management is been managed properly.”