Sigma Pensions lists benefits of retirement plan

Nigerian employees have been urged to ensure that they give priority to the issue of retirement savings to enable them live a more fulfilled life.The representative of Sigma Pensions Limited, Chukwuma Amaonwu, while addressing participants at the Warri Zonal Delegates Conference of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), held in Asaba, Delta State recently, admonished that agitations for the welfare of workers should not stop at constant demand for increase in salaries, promotion and payment of other allowances, but should include making appropriate plans towards life in retirement

According to a statement by the company, Amaonwu noted that Sigma Pensions, as one of the country’s leading licenced pension funds administrators, has for over 10 years, been preoccupied with undertaking the business fund administration in Nigeria.

He pointed out that the retirement firs’s Savings Account (RSA) Fund Management is flexible in application and affords users prompt and regular updates of client accounts.

He informed the PENGASSAN delegates that Sigma Pensions as a pension management company undertakes efficient pension payroll management on behalf of states, local governments, and corporate organisations’ under an institutional pension fund management arrangement such as NEXIM Pension.

He further advised individuals and organisations wishing to bid for or solicit contracts from the federal government to know that ‘compliance certificates’ are only issued by the National Pension Commission in order to avoid being defrauded.

He said the company took the extra step of engaging the services of a consultant to undertake an independent customer service survey with regular motivation of customers, noting that the passion and commitment of the company reflect in the fact that its customers ‘always retire happy’

In his remarks, the Special Adviser to the Governor on Labour and Servicom, Mike Okeme, harped on the immense value of pension schemes as a safeguard against daunting future challenges.

He added that the state government was working in collaboration with stakeholders to end casualisation, particularly in the oil and gas industry.The President of PENGASSAN, Francis Olabode, attributed the prevailing peaceful atmosphere in the industry, to the adoption by the association of “dialogue and constructive engagements” in its labour relations. Olabode added that such cordial relationship has often led to peaceful resolution of disputes and industrial harmony in the oil and gas industry.