PenCom has issued a public notice to all employers under the CPS on compliance with the Guidelines on Group Life Insurance Policy (GLIP)
The Contributory Pension Scheme (CPS) provides for RSA holders to assess part of their retirement benefits on some grounds before retirement and due qualification for lifetime pension payments.
Spread the loveThe launching of the RSA Transfer window (RTS) on 16 November 2020 heralded the full implementation of one of the cardinal features of the Contributory Pension Scheme (CPS),…
Spread the loveThe Nigerian Pension Commission (PenCom) recently announced that Pension Funds Administrators (PFAs), the managers of the various pension assets, must increase their minimum capital base to N5 billion…
Spread the loveBabajide Sanwo-Olu, the Governor of Lagos State, has approved a 33% increase in the pensions of retirees under the Defined Pension Scheme (DBS) as a result of the…
Spread the loveIn the last two years, the Kwara State Government has spent close to N20 billion on pension and gratuity payments. Sa’adu Salahu, Gov. AbdulRahaman AbdulRazaq’s Special Adviser on…