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PenCom to sanction PFAs who fail to enlighten customers on various pension products
Ekiti releases N500 million for pensioners, promises improved welfare
Nigeria’s Pension Fund Assets Surge to N19.53 Trillion in January 2024
Review Underway for Pension and Severance Packages of Retired Police Officers
List of FG Pensioners yet to confirm Aliveness by PTAD
Federal Government begins payment of new pension to retirees
The Federal Government has begun paying the consequential adjustment to pensioners under the Defined Benefit Scheme, DBS, through the Pension Transitional Arrangement Directorate, PTAD.
Pension Funds in Nigeria invest 85.07 billion Naira in FGN Ijarah Sukuk
Spread the loveMr. Eguarekhide Longe, Managing Director of AIICO Pension Managers Limited, made this point while speaking on the State of Islamic Finance in Nigeria. He stated that the investment…
Lagos State Assembly is set to amend the State’s Pension Reform Law of 2018
Lagos Retirees to get Letter of Confirmation of Exit 21 days before retirement from service
Minimum Capital Requirement (MCR): PenCom lists service standard, capacity improvement as reasons for raising PFAs MCR
Spread the loveThe National Pension Commission (PenCom) recently increased the Minimum Regulatory Capital (Shareholders’ Fund) requirements of Pension Fund Administrators (PFAS) from ₦1 billion to ₦5 billion. The PFAs were…
Lagos has paid over N4.2b as pension arrears in the last 2 years
Spread the loveThe Lagos State Government paid N4.203 billion in pensions under the Defined Benefits Scheme (DBS), also known as ‘Pay As You Go,’ between May 2019 and March 2021,…
Leadway Pensure advises retirees on healthy lifestyle
Spread the loveLeadway Pensure, a Pension Fund Administrator (PFA), has advised retirees on the importance of having a meal plan, exercising, mental wellness, and maintaining mental balance. This was made…
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