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

2 months ago

by Mohammed Shosanya

Tinubu Approves N758bn To Settle 16 Years Pension Liabilities

President Bola Tinubu has approved a N758 billion bond to settle long standing pension liabilities under the Contributory Pension Scheme (CPS) for federal workers in the country. The decision was taken during

3 days ago

PENCOM

Retirees Get Additional N22bn

The National Pension Commission (PenCom) has released an additional N22 billion by the Office of the Accountant General of the Federation (OAGF) as part of the 2024 Appropriation for the period July

1 month ago

PENCOM

Nigeria’s Pension Assets Hit N4.26tn- PenCom

Mohammed Shosanya Nigeria’s contributory pension assets rose by N4.26tn between October 2023 and October 2024,the National Pension Commission has said The

2 months ago

PENCOM

PenCom Pays N44bn To Retirees

Mohammed Shosanya The National Pension Commission (PenCom) has announced the release of N44 billion by the Office of the Accountant General of the Federation (OAGF) as part of the 2024

3 months ago

PENCOM

PenCom Allows Pensioners To Withdraw Total Retirement Savings

Mohammed Shosanya The National Pension Commission (PenCom) has announced that low-income pensioners can now withdraw their entire Retirement Savings Account (RSA) balance or continue receiving monthly pensions until the

3 months ago

PENCOM

PenCom Removes Suspension On PFA’s Investment In Commercial Papers

Mohammed Shosanya The National Pension Commission (PenCom) has lifted its suspension on investment in commercial papers by licensed pension fund administrators (LPFAs) in the country.

3 months ago

PENCOM

FCCPC Investigates POS Operators Over Planned Price Fixing

Mohammed Shosanya The Federal Competition and Consumer Protection Commission(FCCPC) has begun investigation into the activities of the Lagos Chapter of the Association of Mobile Money and Bank Agents in Nigeria (AMMBAN) over

2 years ago

News·Nigeria News·PENCOM

Retirees Hail PenCom Over Reforms In Industry

Concerned Retirees and Prospective Pensioners in Nigeria on Tuesday commended the National Pension Commission (PenCom) over its numerous reforms in the pension industry. They also commended PenCom for the newly launched edition

2 years ago

PENCOM·Regulators

PENCOM Says N14.5trn Pension Fund Not Idle .

The National Pension Commission of Nigeria (PENCOM),says the N14.5trillion available pension fund is not idle, as the fund has been properly invested. It explained how the fund was invested while meeting with

2 years ago

PENCOM·Regulators

10,085 Firms Now Eligible For Govt Business -PenCom

The National Pension Commission gave clearance certificates to 10,085 organizations for complying with pension and insurance covers for their employers in the second quarter of 2022. The commission said the organizations can

2 years ago

PENCOM·Regulators

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