You can now access 25% of your RSA as Equity contribution for Residential Mortgage facility – PenCom
Spread the loveIn a press release seen by PensionTalk, the National Pension Commission (PenCom) said it has approved the Guidelines for the payment of equity contribution on Residential Mortgage facility…
Additional Voluntary Contribution (AVC) as A planning tool for a wonderful retirement
Spread the love“Having a happy retirement isn’t going to come by chance, it has to be a deliberate effort.” The above quote is exactly what was going on in my…
Employers’ Checklist on Pension Remittances
Spread the loveThe Pension Reform Act (PRA) 2014 mandates employers of labour in the private and public sector (except for the few exempted ones) to join the Contributory Pension Scheme…
Nigeria’s Pension assets can help close the infrastructure deficit funding gap – Report
Spread the loveBy allocating its $33.4 billion in pension assets to infrastructural funding, Nigeria may be able to close its $100 billion annual infrastructure gap. According to a recent report…
Curbing the unfriendly practice of unremitted pension contributions
Spread the lovePensionTalk A key feature of the Contributory Pension Scheme is the joint contributions of monthly pension deductions and remittances. The contributory feature means that both the employer and…
Debunking The Myth about Programmed Withdrawal 10-year limit
Spread the loveOn a fateful day, I received a message from Tayo, a Retiree who is utterly confused as to whether to choose an Annuity or Programmed Withdrawal (PW). “I…
