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Month: October 2021

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  • Aggrieved Pensioners in Benue protest over unpaid gratuities and pensions

Aggrieved Pensioners in Benue protest over unpaid gratuities and pensions

Some Benue State retirees marched to the streets of Makurdi a few days ago under the banner of Aggrieved Benue Pensioners to demand the payment of backlogs of unpaid pensions…

Micro Pension Plan: PenCom dissatisfied with the slow pace of growth

Before the official launch of the Micro Pension Scheme (MPP) in March 2019, the National Pension Commission expressed hope that the scheme would triple the volume of pension assets over…

Lagos settles 291 Retirees, issues N1.29bn worth of retirement bond certificate

The Lagos State Government said on Tuesday that it has paid N1.29 billion in accrued pension rights to 291 retirees from the state’s public sector for the month of September.…

Poor economy, unstable income cause of low participation in Micro Pension – Report

In a recent report published in the Economist, the paper noted major causes of low participation in the Micro Pension Plan by the informal sector. According to the report, poor…

As Pension assets hit N13trn, PenCom is determined to eradicate fraud in the pension industry

The problems of fraud and mismanagement in the Nigerian pension sector, according to the PenCom DG, were among the reasons for the Federal Government’s 2004 pension reform. According to her,…

PFAs urged by PenCom to increase awareness for Micro Pension Plan (MPP)

The National Pension Commission (PenCom) has urged pension fund administrators (PFAs) in the country to set aside a monthly budget for media campaign plans aimed at increasing micro pension plan…

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