PenCom releases Framework for Enlightenment and Public Awareness for The Micro Pension Plan
Spread the loveFollowing the Guidelines for the Micro Pension Plan (MPP) publication, the National Pension Commission (the Commission) identified the need for sustained public education to raise awareness and acceptability…
How Governments Borrow from the pension fund
Government borrowings from pension funds for infrastructure development is a global practice that has helped sovereigns finance their infrastructural deficits and aid development putting idle pension funds to good use.
Pension Fund Administrators’ Scorecard In May 2021
Spread the loveIn the month of May 2021, the net asset value of the Pension Fund Administrators (PFAs) showed positive growth when compared to their performance in the month of…
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…
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)