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How Governments Borrow from the pension fund

Government borrowings from pension funds for infrastructure development is a global practice that has helped sovereigns finance their infrastructural deficits and aid development putting idle pension funds to good use.

FG flouting pension law by not remitting new minimum contribution rate

Seven years after the Federal Government amended the Pension Reform Act (PRA) which requires employers to remit 18% of workers' monthly earnings into RSAs of their workers, the government has…

FG retirees under CPS not paid accrued rights due to insufficient appropriation – PenCom

The Director-General of The National Pension Commission (PenCom), Aisha Umar, has revealed that most Federal Government workers that retired from March 2020 to March 2021 have not been paid their…

Prevail on States and LG to fully implement CPS, Reps urge FG

House of Representatives yesterday called on the Federal Government to, as a matter of urgency, urge States and Local Government Councils to ensure full implementation of the Contributory Pension Scheme…

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