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…
How and When to Access your Retirement Benefits under the CPS – Part 1
An RSA holder under the Contributory Pension Scheme (CPS) can access his or her retirement benefits under some certain conditions. There are different conditions under the CPS through which an…
2023 Election: Pensioners say No Pension, No Vote
In the upcoming 2023 general elections, the Nigeria Union of Pensioners (NUP) South-West zone ordered all of its members not to vote for any governor or government that owes pensioners…
Remittance of Pension Contributions: Employers should take note
The Pension Reform Act (PRA) 2014 mandates an employer to remit the monthly pension contributions not later than 7 working days after the payment of the employee’s salary. This is…
Do you really care about your RSA Remittances? Here’s why you should
Let’s face it squarely, you won’t be happy if you made deposits into your Bank account only for it not to reflect in your account balance. Imagine if that happens…
Pension Assets under the CPS grows to ₦13.42 trillion, Total Contributors now 9,529,127 as of 31 December 2021
Nigeria’s pension fund assets under the Contributory Pension Scheme (CPS) increased by 3.26 percent quarter-on-quarter to ₦13.42 trillion in December 2021, up from ₦13.01 trillion in September 2021, PenCom has…
