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Poor economy, unstable income cause of low participation in Micro Pension – Report

In a recent report published in the Economist, the paper noted major causes of low participation in the Micro Pension Plan by the informal sector. According to the report, poor…

As Pension assets hit N13trn, PenCom is determined to eradicate fraud in the pension industry

The problems of fraud and mismanagement in the Nigerian pension sector, according to the PenCom DG, were among the reasons for the Federal Government’s 2004 pension reform. According to her,…

PFAs urged by PenCom to increase awareness for Micro Pension Plan (MPP)

The National Pension Commission (PenCom) has urged pension fund administrators (PFAs) in the country to set aside a monthly budget for media campaign plans aimed at increasing micro pension plan…

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.…

FG Urged To Mandate PTAD To Pay Outstanding Pension Benefits

The Association of Retired Federal Senior Public Officers has urged the Federal Government to direct the Pension Transitional Arrangement Directorate (PTAD) to pay the difference between the monthly benefits payable…

Military Pension Board To Begin Electronic Verification Of Pensioners Before The End Of 2021

The Chairman of the Military Pensions Board (MPB), Navy Commodore Sabiru Lawal, stated in Abuja that the electronic verification of military pensioners would begin before the end of the year.…

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