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Widow of 9/11 firefighter wins $3M pension payout

Jackie Kaht Fernandez spent nine years fighting the Fire Department’s pension board and its doctors to prove that the sudden death of her husband, Lt. Cruz Fernandez, in 2006 at age 52 was related to...

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PenCom loses Commissioner, Finance Division

Late Prince Adesoji Olaoba-Efuntayo     The National Pension Commission (PenCom) on Thursday announced the death of its Commissioner, Finance Division, Prince Adesoji Olaoba-Efuntayo. The commission...

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Stanbic IBTC Pension to hold retirement forum

Stanbic IBTC Pension     Stanbic IBTC Pension Managers Limited is set to continue its nationwide campaign to raise awareness about retirement planning, its Chief Executive, Eric Fajemisin has said. He...

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Ghana: SSNIT moves to speed up processing of benefits

SSNIT Logo   The acting Corporate Affairs Manager of the Social Security and National Insurance Trust (SSNIT), Mrs Victoria Gifty Abaidoo, has stated that the company has rolled up an automation system...

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Ghana: Stanbic bank supports the aged in Somanya

  Staff of Stanbic making the presentation   About 210 elderly people at Somanya in the Eastern Region have benefitted from free health screening organised by Stanbic Bank, in collaboration with Onua...

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Redeeming States and Local govt Workers from old age Poverty 

Nothing so far exposes the greed, avarice and self-centredness of our ruling political class as the pension rights of States and Local Government employees.  Some of the immediate past Governors who...

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Winners emerges at Premium Pension Social Media Campaign/Competition

L-R: Executive Director Business Development. & Investment, Premium Pension Limited, Mr. Kayode Akande, Miss Kofoworola George-Taylor, Mr.Ogbonna Kingsley, MD/CEO, Mr. Wilson Ideva, Mr. Idris...

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Ghana: Nine firms take over tier two pension schemes

Pension   Government has inaugurated nine registered schemes to administer the tier two pension contributions of public sector workers. The inauguration follows almost two years of negotiations between...

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Nigerian Pension Funds Record Modest Gains in Q1

Pension Funds   Analysis by Quantitative Financial Analytics shows that Nigerian pension fund managers posted modest return of between 0.29% and 2.95% for RSA funds and between 1.58% and 3.46% for...

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Nigerian Pension Funds Record Modest Gains in Q1

Pension Funds   Analysis by Quantitative Financial Analytics shows that Nigerian pension fund managers posted modest return of between 0.29% and 2.95% for RSA funds and between 1.58% and 3.46% for...

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How Kaduna pension consultant collected N66.5m as pensioner – Witness

  Pension fraud   A witness in the ongoing trial former Kaduna State Pension Bureau consultant, Ibrahim Mohammed Sodangi, today presented startling evidence on how the consultant smuggled his name into...

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The Liquidity Squeeze and the Traction of Pension Funds

Chinelo Anohu-Amazu, PenCom DG       Great economies are usually those that among other things have relatively high Gross Domestic Product (GDP) and solid financial cushion or at least inhere the...

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Lagos pays N1, 080b Accrued Pension Rights

Mrs Folasade Onanuga, DG LASPEC       The Lagos State government has issued Retirement Benefit Bond Certificates for a total sum of N1, 080 billion to 260 retirees from the Mainstream, Local...

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Govt Not Utilising N1 Trillion Pension Fund for Infrastructure – PenCom

Pension Fund         The National Pension Commission (PenCom) has disclosed that despite the availability of about N1.06 trillion for infrastructure financing, only N1.36 billion has been taken as at...

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Insurance, Pension stakeholders to brainstorm on ways to ending old age...

BusinessToday Logo   *Set to honour LASPEC DG, Mrs Folasade Onanug, Eight others   The Director General of National Pension Commission ( PenCom), will be among top Pension and Insurance top dignitaries...

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Unpaid Pension: Edo pensioners protest over 42 months’ pension arrears

Pensioners   Retired pensioners numbering over 500 from the public service of the Edo State government protested  on Monday round major roads in Benin City over 42 months pension arrears. The citizens...

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Premium Pension wins BusinessToday Online Pension Company of the Year 2015

R-L: Head, Corporate Communication Premim Pension Limited, Paddy Ezeala receiving the prestigious 3rd edition if “BusinessToday Online Pension Company of the Year on behalf of Premium Pension Limited...

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Labour Minister pledges to uphold pension review every five years

Dr. Chris Ngige   The Minister of Labour and Employment, Sen. Chris Ngige says the Federal Government will comply fully with section 173(3) of the constitution  that makes review of pension compulsory...

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Lagos pays N1.002bn to 275 retirees

Mrs  Folasade Onanuga, DG, LASPEC       The Lagos State government has issued Retirement Benefit Bond Certificates to the tune of N1.002, 856 billion to another set of 275 retirees from the Mainstream,...

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PenCom boss tasks pension fund operators on product diversification

Mrs Chinelo Anohu-Amazu,   Mrs Chinelo Anohu-Amazu, Director-General, National Pension Commission,(PenCom) has charged operators of pension fund to derive ways of developing products that they invested...

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