DG, PenCom

The National Pension Commission (PenCom) has stated that it has so far recovered N4.billion pension from defaulting employers from January to November 2025. The Commission also reported stronger compliance across the industry following the introduction of stricter pension clearance requirements as contribution recoveries rose to N4.04 billion between January and November 2025, representing a 180% increase compared to the full year 2024. The Director General of PenCom, Omolola Oloworaran made the disclosure in Abuja at the Pension Revolution Summit. “From January to November this year, total pension recoveries reached N4.04 billion Naira, compared to a total of N1.44 billion for the whole of 2024. This represents an increase of 180%, that’s almost 200%. “But most notably, N2.06 billion was recovered in the third quarter of 2025 alone. That is equaling the total amount that was recovered in 2024. And we also saw a similar shift, evident in compliance behavior,” the DG said. PenCom also provided a detailed breakdown of the N758 billion, disbursed by the federal government to settle long-standing pension liabilities, describing the intervention as a major boost to retirement security and a signal of renewed fiscal credibility.

Daily Trust