How And When To Access Your Retirement Benefits Under The CPS – Part 2
In the first series of this article, we walked you through the different types of retirement available under the Contributory Pension Scheme (CPS). In this second article, we will be…
PenCom okays Mergers and Acquisitions of 5 PFAs
The National Pension Commission (PenCom) has approved the Merger and Acquisition arrangements of some PFAs in the industry. The disclosure was made by PenCom on its Twitter handle on Wednesday…
Check if your monthly pension contributions are correctly remitted
When you get paid your salaries at the end of the month, it is required by law that your employer remits your monthly pension contribution, both employee and employer portion,…
PFA reacts to 50% Lump Sum judgement, awaits appeal court decision
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 Pension Fund Administrator (PFA) is…
The Non-Interest Fund: Who Can Join
In 2021, the National Pension Commission (PenCom) introduced an additional fund into the multi-fund structure. This fund is known as the RSA Fund VI or The Non-Interest Fund. Consequently, the…
Investment in FG securities by PFAs increases to N8.29 trillion as at end of August 2021 – Report
Investigations have revealed that the Federal Government has borrowed a massive N8.29 trillion from Pension Fund Assets, which stood at N12.9 trillion at the end of August 2021. Despite the…
