Employers Gets July 31 Deadline To Display Group Life Certificate Or Risk...
Mrs. Aisha Dahir-Umar, PenCom DG The National Pension Commission (PenCom) has given July 31, deadline to employers to display their group life insurance certificates to avoid prosecution. This is...
View ArticlePTAD Commences Payment Of Consequential Pension Increment
PRESS RELEASE–The Pension Transitional Arrangement Directorate (PTAD) has commenced payment of consequential adjustment to pensioners under Defined Benefit Scheme (DBS). A statement by the Head,...
View ArticlePenCom Confirms Registration Of Over 91,000 Retirement Savings Accounts By...
A total of 91,499 Retirement Savings Account (RSA) holders were registered by the Pension Fund Administrators (PFAs), under the Contributory Pension Scheme (CPS), between January and April...
View ArticleLagos Pays Over N32billion To 7,998 Pensioners In Two years
PRESS RELEASE–The Lagos State Government has paid 32,276,395,658.43 (Thirty-Two Billion, Two Hundred and Seventy-Six Million, Three Hundred and Ninety-Five Thousand, Six Hundred and Fifty-Eight Naira,...
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PenCom Digital Enrolment For Prospective Retirees To Commence July
L-R: Sola Adeseun (PM, South-West Zonal Office, PenCom), Mr. Polycarp Anyanwu (Head, Information & Communication Technology Department, PenCom), Mr. Anyim C. Nyerere (Commissioner Technical,...
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CSR: Premium Pension Sponsors Free Eye Cataract Surgery
As part of the ongoing Corporate Social Responsibility (CSR) project of the Company, Premium Pension Limited in partnership with a Non-governmental organization Charity To Cheer Foundation sponsored...
View ArticlePTAD Issues AIICO Certificate Of Non-Indebtedness
The Pension Transitional Arrangement Directorate (PTAD), has issued a Certificate of Non-Indebtedness to AIICO Insurance Plc, a move that puts the Underwriter in the clear of any claim of...
View ArticleLASPEC Urge Prospective Retirees To Embrace Early Documentation
PRESS RELEASE--The Lagos State Pension Commission (LASPEC) has urged prospective retirees in the State civil service to ensure they begin documentation six months prior to their retirement.This was...
View ArticleFG Approves Payment Of Outstanding Pension Liabilities, Begins 18% Remittance
BY NKECHI NAECHE-ESEZOBOR–The Federal Government of Nigeria has approved the payment of outstanding pension liabilities under the Contributory Pension Scheme (CPS). PenCom in a statement said the...
View ArticlePenCom Says About 1,601 Retirees Registered Under Retiree Life Annuity ln Q1...
The National Pension Commission (PenCom) has said that over 1,601 retirees have been registered under the Retiree Life Annuity (RLA) in Q1 2021.This is contained in the Commission’s report that a...
View ArticlePenOp, Lawmakers To Brainstorm On Challenges, Gains & Opportunities In...
Odutola BY NKECHI NAECHE-ESEZOBOR—Pension Fund Operators Association of Nigeria (PenOp) will Today , July 9, 2021 commence its third retreat for Joint Committee for Establishment & Public Service...
View ArticleFCMB Pensions Completes Acquisition AIICO Pensions Managers
BY NKECHI NAECHE-ESEZOBOR—AIICO Insurance Plc has announced the completion of the sale of AIICO Insurance’s 33.9 per cent shareholding in AIICO Pensions Managers Ltd to FCMB Pensions Ltd.This is...
View ArticleCivil Service Pensioners, Others Get Pension Raise Payments
Pension Transitional Arrangement Directorate on Tuesday announced that it had paid an additional nine months of consequential adjustment arrears to civil service pension department pensioners. PTAD...
View ArticlePTAD Settles 18 Months Pension Increment Arrears
The Pension Transitional Arrangement Directorate (PTAD) has announced payment of an additional 9 months of consequential adjustment arrears occasioned by the new minimum wage increase of 2019. The...
View ArticlePenCom To Test Run Retiree Enrolment Application August 2
BY NKECHI NAECHE-ESEZOBOR–The National Pension Commission ( PenCom) on Monday said it will commence the pilot run of the enrolment application exercise from 2nd to 20th August 2021. The Commission in...
View ArticlePenCom Disburses Outstanding 2.5% Pension Contributions To Retirees
L-L: Mr. Ibrahim Garba Buwai (Principal Manager, Corporate Communications Department); Dr. Babatunde Alayande (Head, South West Zonal Office); Mrs. Carol Alex Uzomah (Assistant General Manager,...
View ArticlePenCom Moves Against Defaulting Media Organisations, Vows To Prosecute More
L-R: Mr. Ibrahim Garba Buwai (Principal Manager, Corporate Communications Department); Dr. Babatunde Alayande (Head, South West Zonal Office); Mrs. Carol Alex Uzomah (Assistant General Manager,...
View ArticlePenCom Develops Five Strategic Areas To Drive Contributory Pension Scheme
Aisha Dahir-Umar, DG PenCom BY NKECHI NAECHE-ESEZOBOR— In it quest to close knowledge gap and improve the nation’s Contributory Pension Scheme,(CPS), the National Pension Commission, (PenCom) has...
View ArticlePension Fund Assets Now N12.66trn-PenCom
By NKECHI NAECHE-ESEZOBOR–The National Pension Commission (PenCom) said pension fund assets under the Contributory Pension Scheme (CPS) has increased to N12.66 trillion as at June 30.The Commission’s...
View Article70% Of N12.7tn Pension Fund Assets Belongs To Private Sector- PenCom
The Director General National Pension Commission (PenCom), Aisha Dahir-Umar, has said that 70% (N8.89billion) of N12.7 trillion of the pension fund assets belong private sector workers. Speaking in...
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