PENCOM

26 States Yet To Implement Contributory Pension Scheme-PenCom

Mohammed Shosanya Only 8 states in Nigeria have fully implemented the Contributory Pension Scheme (CPS) twenty years after the enactment of the Pension Reform Act 2004,the Director-General of the National Pension Commission,Mrs.Omolola

December 20, 2024

by Mohammed Shosanya

Pensioners To Earn Returns In Dollars-PenCom

The National Pension Commission (PenCom) is working with the Central Bank of Nigeria (CBN) and the Federal Ministry of Finance on mechanisms that will allow pension investments in naira and generate returns

September 25, 2025

PENCOM

PenCom Strengthens Retirees In New Phase Of Pension Revolution

The National Pension Commission (PenCom) has announced the launch of Pension Revolution 2.0 in Nigeria. The new phase is built on a transformative programme of reforms that builds on two decades of

September 22, 2025

PENCOM

Alleged Diversion Of Funds:’You’re Misleading Nigerians’- PenCom Tackles NLC

The National Pension Commission (PenCom) has carpeted the Nigeria Labour Congress (NLC) for misleading Nigerians over alleged management of workers’ pension funds and non-inauguration of PenCom’s Governing Board. Acting Director of Corporate

August 24, 2025

PENCOM

PenCom Mandates Compliance Enforcement On Vendors

The National Pension Commission (PenCom),on Thursday issued a fresh directive to all Licensed Pension Fund Operators (LPFOs), comprising Pension Fund Administrators PFAs) and Pension Fund Custodians (PFCs). In a statement, the Commission

May 23, 2025

PENCOM

PenCom Urges Sanwo-Olu To Implement Pension Increases For CPS Retirees

The National Pension Commission (PenCom) has implored the Lagos State Governor, Babajide Sanwo-Olu, to extend periodic pension increases currently enjoyed by Defined Benefit Scheme (DBS) retirees to those under the Contributory Pension

May 8, 2025

PENCOM

PenCom Moves To Recover N1.3bn Unpaid Pension Contributions For Nigerian Journalists

The National Pension Commission (PenCom)and the Nigerian Press Council have entered into a strategic partnership to prevail on newspaper organisations to settle over ₦1.3 billion in unpaid pension contributions for journalists in

April 28, 2025

PENCOM

Ondo To Boost Infrastructure With Pension Funds

Ondo State is exploring opportunities to leverage pension funds for infrastructural development in the state. Governor Lucky Aiyedatiwa,disclosed this on Tuesday, when he received a delegation from the National Pension Commission (PenCom)

April 17, 2025

PENCOM

Pension Investment Boosts Nigeria’s Real Sector With ₦5.51trn-Pencom Boss

The Nigerian pension industry has committed a total of ₦5.51 trillion to asset classes that support long-term financing for real sector growth. The Director General of the National Pension Commission (PenCom), Ms.

April 9, 2025

PENCOM

PenCom Unveils New Pension Contribution Remittance System

The National Pension Commission (PenCom), has launched its new Pension Contribution Remittance System, a platform designed to optimise the process of remitting pension contributions into employees’ Retirement Savings Accounts (RSAs). This system,

March 27, 2025

PENCOM

PenCom Seeks States’ Implementation Of Contributory Pension Scheme

The National Pension Commission (PenCom),has implored all states and local governments to implement the Contributory Pension Scheme (CPS) in order to guarantee a pension-secure Nigeria. The Commission conveyed the call in a

March 27, 2025

PENCOM

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