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Gratuity payment in the private sector not cancelled by CPS, says ex-PenCom board member

Ivor Takor, a former board member of the National Pension Commission, PenCom, and Executive Director of the Centre For Pension Rights Advocacy, CPRA, has urged firms to pay gratuities to…

Pension Assets now N12.78 Trillion, Increased by 13% YoY in July 2021

*RSA Fund II remains the biggest Fund with N5.59 trillion followed by RSA Fund III with N3.35 trillion representing 43.8% and 26.23% respectively According to PenCom’s latest monthly report, the…

What to do when your employer does not remit pensions for you

Many workers are faced with the issue of non-remittance of pension contributions by their employers. There are many causes of this problem that require attention.

PenCom has approved PenOp’s SSI proposal on Data Recapture Exercise

Data recapture of contributors under the Contributory Pension Scheme (CPS) has been a major challenge of the National Pension Commission (PenCom). The Commission has, therefore, approved the Pension Operators Association…

Millions of RSA holders still have incomplete data, to undergo data recapture exercise (DRE)

No fewer than 5.1 million pension fund contributors are set to undergo fresh data recapturing. This became necessary after they submitted either incomplete or no data during the previous data…

Over ₦18bn RSA balances of 2,799 contributors transferred in the first RSA Transfer Window

A total of 2,799 Retirement Savings Account (RSA) holders under the Contributory Pension Scheme (CPS) have changed their Pension Fund Administrators (PFAs) in the opening period of the RSA Transfer…

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