Osun Sets To Release N708M To Settle Pension And Gratuity Arrears
According to the Head of Service, Dr. Festus Oyebade, the Osun State Government, led by Governor Gboyega Oyetola, has released N708 million for the settlement of pension arrears of retired…
The Nigerian States And Unending Pension Imbroglio – Will The CPS Save The Day?
Pension payments at the sub-national level in Nigeria are horrible, to say the least. Many states in Nigeria are struggling to meet up with huge pension liabilities which are overdue.…
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…
Report on the Status of CPS implementation in the South West Zone as at March 2021
Ogun The state has accrued pension rights arrears, it has yet to open a retirement benefit bond redemption fund account, it has yet to begin funding the accrued pension rights,…
Why Employers should comply with the Pension Law under the CPS
All Employers under the mandatory Contributory Pension Scheme (CPS) are at the least expected to deduct and remit pension contributions on behalf of their workers.
Assets under the Contributory Pension Scheme (CPS) was worth N12.4 trillion as at April 2021, Up by 0.47% from March
In its monthly report released on its website, the National Pension Commission (PenCom) has revealed that the total pension asset under the Contributory Pension Scheme (CPS) as at the end…
