PTAD has Commenced Payment of the Consequential Pension Increment for Retirees under the Old Pension Scheme
Spread the loveIn a press release made available on its website and dated 26th May 2021, the Pension Transitional Arrangement Directorate (PTAD) disclosed that it has commenced the payment of…
Assets under the Contributory Pension Scheme (CPS) was worth N12.4 trillion as at April 2021, Up by 0.47% from March
Spread the loveIn its monthly report released on its website, the National Pension Commission (PenCom) has revealed that the total pension asset under the Contributory Pension Scheme (CPS) as at…
Maintaining service standard and growth potential of the pension industry prompted the hike in PFAs’ minimum capital
In this exclusive interview with the Nation newspaper, the Director General of the National Pension Commission (PenCom) explained the reasons for the increase in the minimum share capital of Pension…
Employers MUST display their Group Life Insurance Policy (GLIP) certificate by 31st July 2021 – PenCom
PenCom has issued a public notice to all employers under the CPS on compliance with the Guidelines on Group Life Insurance Policy (GLIP)
A Review of the RSA Transfer Window
Spread the loveThe launching of the RSA Transfer window (RTS) on 16 November 2020 heralded the full implementation of one of the cardinal features of the Contributory Pension Scheme (CPS),…
Mixed reactions trail PenCom’s N5bn recapitalization for Pension Fund Administrators (PFAs)
Spread the loveThe Nigerian Pension Commission (PenCom) recently announced that Pension Funds Administrators (PFAs), the managers of the various pension assets, must increase their minimum capital base to N5 billion…
