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3000 retired civil servants receive ₦12 billion pension arrears in Borno

The Borno State Government has began payment of N12billion pension arrears of 3,000 retired civil servants.

Pension Assets rise to ₦11.56 tn in Third Quarter 2020

In its third quarter report of 2020, the National Pension Commission has disclosed that pension assets under the Contributory Pension Scheme (CPS) has increased to ₦11.56 trillion.

Protect pension funds from reckless borrowers – Stakeholders tell PenCom

The National Pension Commission has been told to protect the Pension Fund Assets which stands at about ₦11.56trn from being borrowed by state governors under the guise that the fund…

FG inaugurates 16-member PenCom Board

The Federal Government of Nigeria has inaugurated 16 members of the National Pension Commission (PenCom) board to proffer innovative and feasible solutions to the challenges of pension administration in Nigeria.

Governors cannot borrow ₦17 trillion from the contributory pension fund

You must have read the news: the Nigeria Governors’ Forum (NGF) is reportedly planning to borrow the sum of ₦17 trillion from the pension fund for infrastructural development.

Over 2100 RSA holders switch PFAs as the transfer window system begins

Spread the loveFollowing the launch of the pension transfer window by the National Pension Commission(PenCom) recently, over 2, 100 Retirement Savings Account(RSA) holders have applied to move their pension accounts…

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