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Nigeria’s Pension Fund Assets Surge to N19.53 Trillion in January 2024

The National Pension Commission (PenCom) has reported a remarkable appreciation in Nigeria’s pension fund assets. As of January 31, 2024, the total assets have surged by an impressive N1.17 trillion,…

Review Underway for Pension and Severance Packages of Retired Police Officers

The Federal Government is set to commence the review of the pension and severance package of retired police officers, as announced by President Bola Tinubu during the launch of the…

List of FG Pensioners yet to confirm Aliveness by PTAD

In a statement released on its website, The Pension Transitional Arrangement Directorate (PTAD) has reiterated the importance of the I Am Alive exercise to all defined benefit scheme pensioners of…

PTAD urges Pensioners Under the Defined Benefit Scheme to confirm aliveness

…may drop names of pensioners who fail to confirm aliveness from the pensioners list by 31st of March, 2024 The Pension Transitional Arrangement Directorate (PTAD) is urging all pensioners under…

House of Representatives Member Calls for Amendment of Pension Act to Address Senior Citizens’ Plight

In a motion presented on the floor of the House of Representatives, Clement Jimbo, a Member Representing Abak/Etim Ekpo/Ika Federal Constituency, called for the amendment of the 2004 Pension Act…

PenCom recovers N25.45 Billion from defaulting employers in 11 years

The National Pension Commission (PenCom) has announced the recovery of a total of N25.45 billion in unremitted pension funds from defaulting employers between 2012 and 2023. This amount comprises N12.93…

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