PenCom to sanction PFAs who fail to enlighten customers on various pension products
The National Pension Commission (PenCom) has instituted stringent measures to ensure that Pension Fund Administrators (PFAs) comply with regulations and prioritize the welfare of retirees. These measures include administrative sanctions…
Ekiti releases N500 million for pensioners, promises improved welfare
Governor Biodun Oyebanji of Ekiti State has made significant commitments to improve the welfare of pensioners in the state, highlighting his administration’s dedication to ensuring their financial security and well-being…
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…
