How to apply for Residential Mortgage Equity Contribution with RSA balance
By Moshood Ayeni In a recent circular released by PenCom on the approval and immediate implementation of the Guidelines on using part of the RSA balance as Equity contribution for…
You can now access 25% of your RSA as Equity contribution for Residential Mortgage facility – PenCom
In a press release seen by PensionTalk, the National Pension Commission (PenCom) said it has approved the Guidelines for the payment of equity contribution on Residential Mortgage facility using 25%…
Federal Government owes only Six months of accrued rights – PenCom
Only six months’ worth of accrued pension rights, according to the National Pension Commission (PenCom), have not yet been paid by the Federal Government under the Defined Benefit Scheme (DBS).…
Access Holdings gets nod to take over First Guarantee Pension
Access Holdings has received the green light from the National Pension Commission (PenCom) for the bid to acquire the controlling stake in First Guarantee Pension, the financial services group has…
Employers’ Checklist on Pension Remittances
The Pension Reform Act (PRA) 2014 mandates employers of labour in the private and public sector (except for the few exempted ones) to join the Contributory Pension Scheme (CPS) where…
Pension Fund under CPS hits N14.27 trillion in June 2022
According to the National Pension Commission (PenCom) the value of pension fund assets as of June 2022 is N14.27 trillion as the number of contributors under the scheme hits 9,795,957…
