Notice to 2021 FG Retirees: Pre-Retirement Verification/Enrollment to begin in Q1 2021, automated process adopted
The National Pension Commission (PenCom) has issued a press release notifying intending retirees of employees of Treasury Funded MDAs of the Federal Government who are to retire between January and…
Your Retirement Savings Account is not like your Bank Savings Account
A Retirement Savings Account (RSA) , just as the name suggests, is an account opened and operated specifically to cater for retirement benefits such as pension and related benefits at…
Unpaid 20-month pension raises concerns over officers’ welfare
Last week’s protest by ex-soldiers at the Federal Ministry of Finance in Abuja and reported abandonment or desertion from duty, as well as resignations for sundry reasons, could be an…
Stakeholders oppose States plan on pension funded infrastructure fund
As the pension assets of the Contributory Pension Scheme, CPS, continue to rise, hitting N12.3 trillion as at November 2020, stakeholders have dismissed the move by the Nigeria Governors Forum,…
PenCom releases list of organisations issued Compliance Certificate for 2021
For complying with the provisions of the Pension Reform Act (PRA) 2014, the National Pension Commission (PenCom) has issued Compliance Certificate to 984 organisations in Nigeria. The certificate which is…
Total Pension assets now ₦12.29 trillion – PenCom
The pension industry fund assets rose to ₦12.29 trillion by November 30, 2020. This represented a 1.94 per cent increase when compared with ₦12.053 trillion recorded as at October 31,…