PENCOM - Page 2

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

FG Disburses N90 billion To Pensioners Annually

The Executive Secretary of Pension Transitional Arrangement Directorate, (PTAD), Dr. Chioma Ejikeme ,says Federal government pays over N90b to Pensioners in the country annually She spoke in Enugu at the launch of

3 years ago

PENCOM

38,518 Pension Contributors Migrate To New PFAs

The National Pension Commission,says no fewer than 38,518 workers who were displeased with their Pension Fund Administrators moved to other PFAs and transferred N148.11bn in their Retirement Savings Accounts within one year.

3 years ago

PENCOM

Remittance:PenCom Commences Sanction On Defaulting Employers

The National Pension Commission has commenced clampdown on employers who deducted monthly pensions from employees’ salaries but failed to remit them to their Pension Funds Administrators. It has appointed recovery agents to

3 years ago

PENCOM

Pencom:Pension Assets To Hit N12.9tn

The National Pension Commission(Pencom),says assets under the Contributory Pension Scheme rose by N120bn in August, this year PenCom disclosed this in its latest unaudited report on pension funds industry portfolio,adding that the

3 years ago

PENCOM

Pencom:Pension Funds Invested In Banks Hit N2.05tn

The National Pension Commission(Pencom),has said that the total amount of pension funds invested in banks by Pension Fund Administrators rose to N2.05tn at the end of July from N1.48tn in January. The

3 years ago

PENCOM

Stanbic IBTC Pension Managers Boosts Women Empowerment In Nigeria

Stanbic IBTC Pension Managers, a subsidiary of Stanbic IBTC Holdings PLC, recently held a webinar aimed at encouraging women empowerment and development in Nigeria. The virtual event tagged “Ladies

3 years ago

PENCOM

FG Agrees To Pay Outstanding Arrears

The National Pension Commission has said that the Federal Government has given an order to clear the outstanding pensions of its retirees under the Contributory Pension Scheme. PenCom said this in a

4 years ago

PENCOM

Default:PenCom Fines 25 Employers N446.17m

The National Pension Commission has said it fined 25 employers the sum N446.17m for not remitting the pension funds of their employees It also recovered N608.55m from the employers who deducted

4 years ago

PENCOM

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