CPS: Police retirees reject new pension enhancement
Retirees of the Nigeria Police Force, who are under the Contributory Pension Scheme (CPS), are rejecting the recent announcement of an “Enhancement of Monthly Pension Payment” made by the Director…
Want to Open a Retirement Savings Account (RSA) with ease? Read this
The Pension Reform Act (PRA) 2014 has made the opening of retirement savings accounts (RSAs) by prospective qualified RSA holders simple and seamless. Before implementing the Contributory Pension Scheme (CPS)…
PenCom’s Pension Enhancement – The Journey so far
Retirees under the Contributory Pension Scheme (CPS) in Nigeria are entitled to periodic enhancements on their pension payment. However, only retirees who have opted for programmed withdrawal (PW) are eligible…
Stakeholders clash over proposed Police exclusion from the CPS
Stakeholders in the pension industry including the Senate have disagreed over the Nigeria Police Force’s request for exemption from the Contributory Pension Scheme (CPS). The proposal to exclude the Police…
Retirees under Programmed Withdrawal to get enhanced pension as PenCom approves 3rd pension enhancement
The National Pension Commission has approved the third pension enhancement for all retirees under the Contributory Pension Scheme.
Lagos presents Over N2.5bn retirement bond certificates to retirees
The Lagos State Government on Friday presented a single and largest payment to retirees since the inception of the State's Contributory Pension Scheme. The Governor who was represented by the…
