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Business

PenCom’s Payment To Beneficiaries Of Deceased Employees Hits N328bn

From inception of the Contributory Pension Scheme to the end of 2022, the National Pension Commission has granted approvals for payment of death benefits...
Business

How PenCom Is Safeguarding Pension Fund Assets Through Strict Adherence To Investment Regulation

Pension Fund Administrators (PFAs), as investment fiduciaries, act on behalf of Retirement Savings Account (RSA) holders to manage pension funds. PFAs are required to...
Business

PenCom Lists Abia, Ebonyi, Enugu, Imo As States With Worst Contributory Pension Scheme

The Abia State government has been listed among worst performers in the Contributory Pensions Scheme (CPS) of the National Pensions Commission in the South...
Business

PenCom: Delivering Mandate On Payment Of Retirement, Terminal Benefits

The National Pension Commission (PenCom) has, in line with the provisions of the Pension Reform Act (PRA 2014), established procedures and requirements for Retirement...
Business

Group Advocates 100% Pension Increase For Police Personnel

A Non-governmental Organisation, the Contributory Pension and Happy Retirement Advocacy (COPEHRA), has appealed to the incoming administration to give priority to the development of...
News

For Her Purposeful Leadership In Nigeria’s Pension Industry, NANS Inducts PenCom DG Into Hall Of Fame

The National Association of Nigerian Students (NANS) has inducted the Director General (DG) of the National Pension Commission (PenCom), Mrs Aisha Dahir-Umar, into the...
Business

We Don’t Foresee Any Debt Stress From FG’s $15.9bn Eurobond—AFC

The Africa Finance Corporation (AFC) has projected that in the year 2023 the Federal Government will not experience any debt stress on its Eurobond.As...
Business

Stanbic IBTC denies flouting PenCom’s order on gifts

Stanbic IBTC Pension Managers Limited has dismissed reports on the offer of gifts and incentives to Retirement Savings Account (RSA) holders contrary to the...
Business

Don’t Exempt Police From CPS, PenCom Urges Senate

PenCom made the call yesterday at a public hearing on Police Pension Board (Establishment) Bill, 2022 (Sb 1009) and Nigeria Police Special Forces (Establishment)...
Business

FG earmarks N13.89bn for pension payment of retirees

PenCom which announced this in a statement noted that the accrued pension rights represent an employee’s benefits for the past years of service up...
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