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FEC approves payment of pension arrears to defunct Federal Mortgage Finance Limited workers as 300,000 personnel of the Police to get Group Life Insurance

At the conclusion of the weekly Federal Executive Council (FEC) meeting, presided over by President Muhammadu Buhari at the Council Chamber in Abuja, the sum of ₦13,321,742,038.83 has been approved…

Lagos presents Over N2.5bn retirement bond certificates to retirees

The Lagos State Government on Friday presented a single and largest payment to retirees since the inception of the State's Contributory Pension Scheme. The Governor who was represented by the…

List of PenCom-approved Primary Mortgage Banks (PMBS) for RSA residential mortgage

The National Pension Commission (PenCom) has released the list of approved primary mortgage banks that are qualified to offer mortgage facilities to qualified participants in the newly introduced RSA for…

Reps step down a bill seeking to establish The National Assembly Service Pension Board

The House of Representatives retracted a bill on Wednesday that sought to create the National Assembly Service Pension Board. With the passage of the bill, the national assembly service would…

Technology has made mismanagement of pension funds impossible – PTAD

According to Dr. Chioma Ejikeme, Executive Secretary of the Pension Transitional Arrangement Directorate (PTAD), the use of technology in the payment of pensions has made it virtually impossible for pension…

Data Recapture Exercise – How to do it

The Data Recapture Exercise (DRE) is an exercise conducted by PFAs or appointed agents which involves recapturing the personal data including biometrics of all existing registered RSA holders who must…

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