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