PenCom’s Milestones in 2023: A Year of Achievements and Innovations
Overview: PenCom, Nigeria’s apex regulatory authority for the pension industry, marked a transformative year in 2023. Demonstrating an unwavering commitment to effective oversight and innovation, PenCom implemented several initiatives that…
Federal Pensioners Advocate for Upward Revision of Monthly Pensions
In light of the prevailing economic challenges, pensioners across Nigeria are uniting to appeal to the federal government for a critical review of the pension amounts disbursed to retirees. Comrade…
Retirees can receive up to 50% of RSA Balance as LumpSum at retirement – PenCom
Lagos, Nigeria – In a recent interactive session on the Contributory Pension Scheme (CPS) for the Organised Private Sector, the National Pension Commission (PenCom) revealed an exciting development for retirees…
CPS: Nigeria’s Pension Fund Assets rise to N17.29 trillion
As of the end of August 2023, Nigeria’s pension assets surged to a substantial N17.292 trillion, marking a notable increase from N17.07 trillion in July 2023, according to reports obtained…
Can Programmed Withdrawal (PW) pay you for life?
By: PensionTalk There is always a debate about whether Programmed withdrawal (PW) can pay a retiree for life or not. This question is very crucial, especially to retirees who wish…
PenCom Cracks Down on Employers with Incomplete Pension Documentation
The National Pension Commission (PenCom) has issued a stern warning to employers failing to provide complete documentation for their employees’ pension contributions. In a press release, PenCom revealed that some…
