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Understanding The Fiduciary Role Of Pension Fund Administrators Under The Contributory Pension Scheme

The Contributory Pension Scheme (CPS) is often described as fully-funded due to the individual Retirement Savings Accounts (RSAs) where monthly pension contributions are remitted....
Business

Civil Societies Organizations Hail PenCom For Exceptional Supervision, Regulation Of Pension Industry

The National Pension Commission (PenCom) hosted a Sensitisation Conference for Civil Society Organisations (CSOs) at an event held in Abuja. Aisha Dahir-Umar, the Director...
Business

PenCom Commences 2023 Online Enrolment Exercise

The National Pension Commission (PenCom) will commence the 2023 online verification and enrolment exercise for prospective retirees of Federal Government Treasury-Funded Ministries, Departments and...
Business

PenCom’s RSA Mortgage Financing Will Reduce N21trn Housing Funding Gap- PenoP

The Pension Fund Operators Association of Nigeria (PenoP) has revealed that the housing deficit estimated at about 28 million will be reduced through mortgage...
Business

Pensioners To Make More Money As PenCom To Allow PFAs Trade Pension Contribution On Stock Market

The National Pension Commission has said that it is amending its regulations to allow Pension Fund Administrators to trade pension contributions as securities on...
Business

We Are Not Conducting Any Recruitment—PenCom

The National Pension Commission (PenCom) has said that it is not conducting any recruitment exercise.The pension industry regulator made the clarification on Wednesday in...
Business

Employers’ Obligations Under The Contributory Pension Scheme

In a world where financial security during retirement is paramount, the Contributory Pension Scheme (CPS) is a vital pillar for providing a dignified post-work...
Business

How Nigeria’s Informal Workers, Self Employed Can Breakaway From Old Age Poverty With Micro Pension Plan

Nigeria is home to over 221 million or approximately 3 per cent of the world’s population with several millions of the elderly retiring in...
News

Facilitating CPS Participation: A Guide for Nigerians Working Abroad And Expatriates In Nigeria

Due to increased global work mobility, many Nigerians are now working abroad. In the same vein, Nigeria attracts expatriates from various parts of the...
Business

Contributory Pension Scheme: Empowering Nigerian Workers For A Secure Future

Nigeria has witnessed a remarkable shift in its pension system in about two decades with the introduction of the Contributory Pension Scheme (CPS). This...
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