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Online Verification Exercise of Retirees to begin on August 2

Spread the loveThe National Pension Commission (PenCom) has announced plans to launch a pilot scheme of its online pre-retirement verification and enrolment process for retirees in the country’s government ministries,…

70% of Pension Assets under the CPS is owned by the Private Sector – Dr. Umar Aminu

Spread the loveAccording to the National Pension Commission (PenCom), private-sector workers own 70% of the N12.7 trillion pension assets under the Contributory Pension Scheme (CPS). Dr. Umar Aminu, the Commissioner,…

PenCom drags non-compliant employers to court over pension remittance

Spread the loveThe National Pension Commission (PenCom) has disclosed that it is in court with about recalcitrant management of over 120 companies that have refused to comply with the dictates…

PenCom unveils a five-point strategic agenda to grow the pension industry Post-COVID

Spread the loveThe National Pension Commission (PenCom) has unveiled five strategic focus areas with the mandate of ensuring measurable impact on the economy and positioning the industry for sustainable growth…

Police retirees may receive 300% gratuity at retirement if approved by the FG

Spread the loveA proposal has been made to President Muhammadu Buhari for the approval of the payment of 300 percent gross annual salaries as gratuities to retired police officers. This…

2019/2020 retirees of FG’s Treasury funded MDAs get 2.5% pension differential, Others to be paid soon – PenCom

Spread the loveThe National Pension Commission (PenCom) announced on Monday that it had begun paying pensioners the 2.5 percent differentials mandated by the Pension Reform Act (PRA) 2014. Aisha Dahir-Umar,…

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