PensionTalk

PenCom Approves 50% Lump Sum Withdrawal for Retirees Under the Contributory Pension Scheme

PensionTalk
December 21, 2024
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The National Pension Commission (PenCom) has issued a directive allowing retirees under the Contributory Pension Scheme (CPS) to access up to 50% of their Retirement […]

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75% Lump-Sum proposal would harm contributors under the CPS – PenOp Warns

PensionTalk
March 7, 2022
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The Pension Funds Operators Association of Nigeria (PenOp) has cautioned that a bill proposing a 75% lumpsum payment for retirees under the Contributory Pension Scheme […]

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PFA reacts to 50% Lump Sum judgement, awaits appeal court decision

PensionTalk
December 21, 2021
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Sigma Pensions Limited says it is committed to meeting its customer’s expectations and remains wholly guided by the law governing pension administrations in Nigeria The […]

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To Pay or Not to Pay: A Lump-sum ruling that could change the game for Retirees

PensionTalk
December 18, 2021
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During the week, the news broke that a retiree won a court injunction against one of the PFAs on the payment of 50% lumpsum to […]

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