Arrear pension benefits rise 100% in Q3, 2019

Staff Writer

The Insurance and Pensions Commission (Ipec) says the arrear pension benefits have shot up 100% to $87, 07 million in Q3 2019 from $77,77 million in half year 20 19 while  unclaimed benefit liabilities marginally declined $32,44 million in the comparable period.

In its Q3 pension’s industry report, Ipec said the increase in the arrear pension