
Dear reader;
I wish to first and foremost wish you a merry Christmas and a prosperous new year 2010, with greetings from the Senior Management and the Staff at CSR; we are privileged to present to you our early score of the second semester in 2009-2010.
Let me take this opportunity to thank you for the continued support you have rendered to the Fund.
I must restate that the year 2009 has been successful indeed, the fund registered a great milestone in its core responsibilities of collecting contributions, registering employers & employees and paying benefits plus productively investing surplus funds.
According to the 2009 revenue projections, the Fund expected to collect 24bn and as of November a total of 23.6bn has been collected representing 24.3% average growth rate since 2000.
Since January 2009, over 6bn has been paid as benefits to our members. I am pleased to inform (...)
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