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Month: December 2020

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  • Beware of fraudsters, PFA raises alarm

Beware of fraudsters, PFA raises alarm

A leading Pension Fund Administrators (PFA) in the country has said it is being impersonated by some unscrupulous individuals. The fraudsters have been asking pension contributors and retirees to pay…

NLPC PFA tops ROI charts among peers in 3 RSA Funds from January to November 2020

NLPC Pension Fund Administrators Limited, Investment One Pension Managers Limited and OAK Pensions Limited have emerged in the elite list (top five) of PFAs with the highest return on investment…

Voluntary Contributors withdrew ₦2.18bn from RSA in Q3 – PenCom

A total number of 1,286 contributors under the Contributory Pension Scheme withdrew about ₦2.18bn from their Voluntary Contributions (VC) in their Retirement Savings Accounts (RSAs) in the third quarter of…

Enrollment in the Contributory Pension Scheme (CPS) needs to improve – PenOp

Despite the astronomical growth recorded in the pension fund, only 11 percent of workforce is enrolled in the Contributory Pension Scheme, CPS, and the micro pension schemes and this number…

We are repealing pension law for ex-governors to save State finances – Kwara Official

The chairperson of the Kwara House of Assembly Service Commission, Mr Femi Yusuf, says paying pension and providing other attractive packages to former governors and their deputies in the state is…

NLC, TUC and Imo State Government disagree on payment of pension, salaries.

The Imo State Governor, Hope Uzodimma, has said that his administration has cleared the salaries and pensions of about 43,000 civil servants and 21,000 retirees, representing 99 per cent. Uzodimma…

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