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Month: January 2023

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  • PenCom’s Pension Enhancement – The Journey so far

PenCom’s Pension Enhancement – The Journey so far

Retirees under the Contributory Pension Scheme (CPS) in Nigeria are entitled to periodic enhancements on their pension payment. However, only retirees who have opted for programmed withdrawal (PW) are eligible…

Stakeholders clash over proposed Police exclusion from the CPS

Stakeholders in the pension industry including the Senate have disagreed over the Nigeria Police Force’s request for exemption from the Contributory Pension Scheme (CPS). The proposal to exclude the Police…

How to make the most of the Contributory Pension Scheme (CPS)

As participants in the industry, it is essential that you employ some strategies or take some necessary steps in ensuring that you make the most out of the CPS. This…

Military Pension Board Begins Payment Of Security Debarment Allowances To Ex-servicemen

Payment of the first and second Security Debarment Allowances (SDA) tranches to veterans of the military and the Next of Kin (NOK) of deceased servicemen has begun, the Military Pensions…

Federal Government releases ₦13.89bn accrued pension rights for 2022 retirees

In a statement released yesterday and obtained by PensionTalk, PenCom stated that the sum released represents the accrued pension rights of retirees of Treasury-Funded Ministries, Departments and Agencies (MDAs) who…

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