PensionTalk, Author at PensionTalk

Federal Government Disburses ₦22 Billion for Retiree Pension Payments

PensionTalk
January 24, 2025
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The federal government has released an additional ₦22 billion to settle accrued pension rights for retirees in Ministries, Departments, and Agencies (MDAs) funded by the […]

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Understanding the Revised Regulation on Retirement and Terminal Benefits in Line with Nigeria’s New National Minimum Wage

PensionTalk
January 7, 2025
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Introduction On November 27, 2024, a circular (REF: PENCOM/TECH/BI/RB/OA/2024/12751) was issued by the National Pension Commission (PenCom) to all licensed Pension Fund Administrators (PFAs) and […]

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PenCom Approves 50% Lump Sum Withdrawal for Retirees Under the Contributory Pension Scheme

PensionTalk
December 21, 2024
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The National Pension Commission (PenCom) has issued a directive allowing retirees under the Contributory Pension Scheme (CPS) to access up to 50% of their Retirement […]

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Nigeria’s Pension Fund Assets Hit N21.92 Trillion Amid Economic Challenges

PensionTalk
December 17, 2024
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Nigeria’s total pension fund assets reached N21.92 trillion as of October 2024, signaling the resilience of the country’s Contributory Pension Scheme (CPS) despite significant economic […]

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PenCom Announces ₦44 Billion Release for Settlement of Accrued Pension Rights

PensionTalk
December 9, 2024
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The National Pension Commission (PenCom) has announced the release of ₦44 billion by the Office of the Accountant General of the Federation (OAGF). The funds […]

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Low-Earning Pensioners Can Withdraw Full Retirement Savings En Bloc – PenCom

PensionTalk
December 3, 2024
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The National Pension Commission (PenCom) has announced a significant change allowing low-earning retirees to withdraw their entire Retirement Savings Account (RSA) balances en bloc. This […]

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