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Month: October 2023

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  • Retirees can receive up to 50% of RSA Balance as LumpSum at retirement – PenCom

Retirees can receive up to 50% of RSA Balance as LumpSum at retirement – PenCom

Lagos, Nigeria – In a recent interactive session on the Contributory Pension Scheme (CPS) for the Organised Private Sector, the National Pension Commission (PenCom) revealed an exciting development for retirees…

Nigerians Access N208.56 Billion from Pension Savings Amidst Job Losses, PenCom Data Reveals

Recent data released by the National Pension Commission (PenCom) has revealed that Nigerians grappling with unemployment have tapped into their savings under the Contributory Pension Scheme (CPS) to the tune…

Nigeria Union of Pensioners Commends President Tinubu for N25,000 Palliative Award

In a noteworthy development, the Nigeria Union of Pensioners (NUP) has extended its gratitude to President Bola Tinubu for authorizing a N25,000 wage award intended to serve as a palliative…

CPS: Nigeria’s Pension Fund Assets rise to N17.29 trillion

As of the end of August 2023, Nigeria’s pension assets surged to a substantial N17.292 trillion, marking a notable increase from N17.07 trillion in July 2023, according to reports obtained…

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