Great Nigeria Insurance has assured retirees under its annuity programme that any additional pension inflows due to them will be credited immediately once the funds are released. The commitment was given at the third GNI Retirees Experience Forum in Lagos, following concerns raised about a recent regulatory circular on how extra deposits into retirees’ Retirement Savings Accounts should be treated.
The National Pension Commission and the National Insurance Commission had jointly directed Pension Fund Administrators and annuity providers to ensure full compliance with the new rules, which specify how inflows below or above ₦100,000 should be handled.
Addressing retirees, GNI Managing Director, Roselyne Ulaeto, said the company is prepared to act once PFAs transfer the expected funds.
Once the inflows that the Federal Government promised come in, the ₦32,000 that was mentioned will be added once we receive it, she said. We will send messages to your email or phone, and you will receive the alert. As soon as the inflows get through the PFAs to us, we will ensure your RSAs are credited immediately.
Ulaeto noted that retiring in today’s economy remains challenging, adding that inflation continues to strain the finances of many annuitants. She reiterated GNI’s commitment to ensuring timely and uninterrupted monthly payouts.
Delay or disruption in benefits is not something we take lightly, she said. We remain committed to making the retirement journey dignified, peaceful, and meaningful.
The Head of the Inspectorate Department at the Lagos State Pension Commission, Olaseni Eze‑Okoroafor, commended GNI for maintaining consistent service to retirees.
At LASPEC, we value exceptional service delivery, she said. Despite inflation and rising costs, GNI still gathers annuitants, engages them, and ensures they feel supported. We see their efforts, and we appreciate them.
