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PFAs Online Data Recapture Exercise (DRE) Useful Links

If you are finding it hard to do your Data Recapture Exercise online, this is for you.

How to generate Employer Code (EC) from PenCom under the CPS

Spread the loveWhat is an Employer Code (EC)? An Employer Code (EC) is a unique identification alpha-numeric code that is issued to eligible employers who are duly registered with PenCom…

CPS: Lagos is the most compliant state among the states of the federation – Ponnle

Spread the loveThe Lagos State Commissioner for Establishments, Training, and Pensions, Mrs. Ajibola Ponnle, has reaffirmed the state government’s commitment to providing timely payment of pensions to its retirees through…

CPS: Police retirees reject new pension enhancement

Spread the loveRetirees of the Nigeria Police Force, who are under the Contributory Pension Scheme (CPS), are rejecting the recent announcement of an “Enhancement of Monthly Pension Payment” made by…

Diaspora Pension: PTAD and NiDCOM collaborate

Spread the loveThe Nigerians in Diaspora Commission (NiDCOM) and the Pension Transitional Arrangement Directorate (PTAD) have announced their readiness to collaborate on pension verification process for Nigerians in the Diaspora.…

Want to Open a Retirement Savings Account (RSA) with ease? Read this

Spread the loveThe Pension Reform Act (PRA) 2014 has made the opening of retirement savings accounts (RSAs) by prospective qualified RSA holders simple and seamless. Before implementing the Contributory Pension…

Data Recapture Exercise – How to do it

The Data Recapture Exercise (DRE) is an exercise conducted by PFAs or appointed agents which involves recapturing the personal data including biometrics of all existing registered RSA holders who must…

Planning Your Retirement? Read this from a Retirement expert

Spread the loveBy: Tukuru Muftau Retirement refers to a situation when an employee comes to the end of his or her working career. It is a time when an individual…

Debunking The Myth about Programmed Withdrawal 10-year limit

Spread the loveOn a fateful day, I received a message from Tayo, a Retiree who is utterly confused as to whether to choose an Annuity or Programmed Withdrawal (PW). “I…

Data Recapture: PenCom stops recapturing agents as contract expires

Spread the loveThe National Pension Commission (PenCom) has announced the discontinuation of data recapture exercises by the two authorized agents, effective May 30, 2023. In a press release issued today,…

Governor Delivers on Promise, Distributes N915 Million in Gratuities to Retirees

Spread the loveIn a momentous occasion hailed as unprecedented in the state, Governor Oyebanji fulfilled a campaign promise by presenting cheques worth a total of N915 million in gratuities to…

PenCom Recovers N24.53 Billion from Defaulting Employers

Spread the loveThe National Pension Commission (PenCom) has successfully retrieved a substantial sum of N24.53 billion in outstanding pension contributions owed by defaulting employers. The Director-General of PenCom, Mrs. Aisha…

Osun govt committed to clear N172b pension arrears – NUP

Spread the loveIn a commendable display of commitment to the welfare of retirees, Governor Ademola Adeleke of Osun State has garnered the support of the Nigeria Union of Pensioners (NUP)…

PTAD Urges Pensioners to Confirm Life Status through ‘I Am Alive’ Online Portal

Spread the loveIn a bid to ensure the continued receipt of benefits under the Defined Benefits Scheme (DBS), the Pension Transitional Arrangement Directorate (PTAD) is encouraging pensioners to participate in…

Again, police retirees demand exit from Contributory Pension Scheme

Spread the loveIn a heartfelt display of desperation and faith, a gathering of retired police officers organized a prayer rally in the capital city of Enugu last week. Their fervent…

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