House of Assembly in Kastina passes bill to establish the Contributory Pension Scheme in the state
The House of Assembly of Katsina State has enacted an executive bill to establish a contributory pension program in the state. Governor Aminu Masari submitted the bill, which was passed…
Pension Operators invest N66.86 billion in infrastructure from pension funds
Under the Contributory Pension Scheme, administrators have invested N66.86 billion in infrastructure.In the latest report titled ‘Unaudited report on pension funds industry portfolio for the period ending 31 July 2021:…
Military Pension Board praises Federal Government over the timely release of military pensions
Commodore Abayomi Sabur Lawal, Chairman of the Military Pensions Board (MPB), has expressed gratitude to President Muhammadu Buhari for the early release of monies for military retirees and has guaranteed…
Jigawa governor sacks pension boss
On Wednesday, Jigawa State Governor Muhammad Badaru fired Hashimu Fagam, the Executive Secretary of the Jigawa State and Local Government Contributory Pension Scheme Board. The governor also authorized Kamilu Musa’s…
Military pensioners call for probe of pending entitlements
Military pensioners have asked the National Salaries, Incomes and Wages Commission (NSIWC) to look into the Military Pension Board’s alleged improper deductions from their monthly payments (MPB). They also sought…
Pension Assets now N12.78 Trillion, Increased by 13% YoY in July 2021
*RSA Fund II remains the biggest Fund with N5.59 trillion followed by RSA Fund III with N3.35 trillion representing 43.8% and 26.23% respectively According to PenCom’s latest monthly report, the…
