Archives for PENSIONS
Pension Remittance: PenCom Approves Nine Payment Solution Providers
BY NGOZI ONYEAKUSI Nine Payment Solution Service Providers has gotten approval approval from the the National Pension Commission (PenCom) to participate in the new online Pension Contribution Remittance System introduced…
Governor Buni meets PenCom DG towards Pension Reform in Yobe
BY NGOZI ONYEAKUSI Governor Mai Mala Buni of Yobe State has reaffirmed his administration’s commitment to implement the Contributory Pension Scheme (CPS) in Yobe State. Governor Buni stated this…
Inspenonline summit to unearth attainment of good retirement amid economic headwinds
BY NGOZI ONYEAKUSI Finding solutions to attainment of good retirement amid current economic headwinds, will be the focus in the forthcoming 2025 Inspenonline Retirement Summit. The event theme: Attaining Good…
Retirees to get outstanding pensions from 2007 – PenCom
DG, PenCom The Director-General of the National Pension Commission, Omolola Oloworaran, has said that retirees would soon be able to enjoy the benefits of their pension increases since 2007. Oloworaran…
Pension Fund Assets Soar To N22.51trn – PenCom
BY NGOZI ONYEAKUSI Pension fund assests under the Contributory Pension Scheme (CPS) grew exponentially in 2024, with total assets surging by trillion, bringing the total value to trillion, according to…
12,241 informal sector RSA holders save N967m: PenCom
The National Pension Commission has revealed that 12,241 Retirement Savings Account holders from the informal sector have contributed about between 2020 and the third quarter of 2024 under the Micro…
23,673 Disengaged Workers Cash Out With N33bn – PenCom
BY NGOZI ONYEAKUSI DG, PenCom Disengaged workers totalling 23,673 withdrew a total of from their Retirement Savings Accounts in the third quarter of 2024 the National Pension Commission (PenCom) has…
PenCom releases additional N22bn for pension’s settlement
BY NGOZI ONYEAKUSI The National Pension Commission (PenCom) said Office of the Accountant General of the Federation (OAGF) has released an additional N22 billion as part of the 2024 appropriation for…
Understanding How Monthly Pensions Are Paid To Retirees Under CPS Crucial Says PenOp
Oguche, PenOp CEO The Contributory Pension Scheme (CPS) was introduced in Nigeria as part of the Pension Reform Act of 2004 to ensure sustainable and transparent pension administration. For retirees…
LIRS Sets January 31 Deadline for Annual Tax Returns Filing by Employers
BY NGOZI ONYEAKUSI The Lagos State Internal Revenue Service (LIRS) has issued a reminder to all employers in Lagos State to fulfill their statutory obligation to file annual tax returns…
