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Protect pension funds from reckless borrowers – Stakeholders tell PenCom

The National Pension Commission has been told to protect the Pension Fund Assets which stands at about ₦11.56trn from being borrowed by state governors under the guise that the fund…

FG inaugurates 16-member PenCom Board

The Federal Government of Nigeria has inaugurated 16 members of the National Pension Commission (PenCom) board to proffer innovative and feasible solutions to the challenges of pension administration in Nigeria.

Governors cannot borrow ₦17 trillion from the contributory pension fund

You must have read the news: the Nigeria Governors’ Forum (NGF) is reportedly planning to borrow the sum of ₦17 trillion from the pension fund for infrastructural development.

Over 2100 RSA holders switch PFAs as the transfer window system begins

Spread the loveFollowing the launch of the pension transfer window by the National Pension Commission(PenCom) recently, over 2, 100 Retirement Savings Account(RSA) holders have applied to move their pension accounts…

Retirees demand increase in pension in Niger State

Spread the loveRetirees in Niger state have asked for an upward review of their pension to enable them meet up with the cost of living. This call was made by…

NAMA, Pensioners bicker over alleged diversion of ₦1.5bn pension fund

Spread the lovePensioners under the auspices of Airspace Management Pensioners Association of Nigeria (AMPAN) and the Nigerian Airspace Management Agency (NAMA) engaged in war of words over allegation of diversion…

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