Stakeholders oppose States plan on pension funded infrastructure fund
Spread the loveAs the pension assets of the Contributory Pension Scheme, CPS, continue to rise, hitting N12.3 trillion as at November 2020, stakeholders have dismissed the move by the Nigeria…
PenCom releases list of organisations issued Compliance Certificate for 2021
Spread the loveFor complying with the provisions of the Pension Reform Act (PRA) 2014, the National Pension Commission (PenCom) has issued Compliance Certificate to 984 organisations in Nigeria. The certificate…
Total Pension assets now ₦12.29 trillion – PenCom
Spread the loveThe pension industry fund assets rose to ₦12.29 trillion by November 30, 2020. This represented a 1.94 per cent increase when compared with ₦12.053 trillion recorded as at…
PTAD has postponed walk-in verification exercise indefinitely due to COVID-19
Spread the loveIn a press statement issued on its website and obtained by PensionTalk, the Pension Transitional Arrangement Directorate (PTAD) has postponed the verification exercise scheduled to start on Tuesday…
Over 118,000 contributors withdrew ₦29bn, left Contributory Pension Scheme in 2020 – PenCom
Spread the loveA total of 118,044 retirees withdrew ₦29.26bn from their Retirement Savings Accounts and left the Contributory Pension Scheme because they had low balances in their accounts which could…
Kebbi State has spent N20b on retirement benefits in 6 years
Spread the loveKebbi State Government has disclosed that it has spent over N20 billion on the payment of retirement benefits, from 2015 to date as part of the current administration…
