Archives for PENSIONS
CPS Records 10.5m Contributors In October This Year
BY NGOZI ONYEAKUSI The National Pension Commission (PenCom) has disclosed that the Contributory Pension Scheme (CPS) has recorded over million contributors even as pension funds assets stood in excess of…
Delays, hitches hinder pension payment of ex-service men, amid calls for police to exit CPS
BY NGOZI ONYEAKUSI Pension logo Retired military personnel encounter delays in their pension payment, amid calls for police to exit CPS Amid calls from some quarters for the police to…
Low-income earners can withdraw total retirement savings: PENCOM
Low-earning pensioners are now permitted to withdraw their total retirement savings en bloc or continue to receive their monthly pension pending the approval of the Minimum Pension Guarantee. This is…
PenCom Lifts Suspension On LPFAs Investment On Commercial Papers
BY NGOZI ONYEAKUSI DG, PenCom The National Pension Commission (PenCom) has lifted the restrictions placed on all Licensed Pension Fund Administrators (LPFAs) over investment in commercial papers where capital market…
Anti-Corruption: Tinubu Urged To Ensure Passage Of Whistleblower Protection Law
… As AFRICMIL, PRIMORG set to hold a 2-day sub-regional conference on whistleblowing in West Africa BY NGOZI ONYEAKUSI President Bola Tinubu has been urged to urgently take…
Gavel Annual Lecture : Personalities To Discourse How To Bring Back Confidence Of Nigerians
BY NGOZI ONYEAKUSI A collection of eminently qualified personalities will on Friday November 29 engage in the discourse on how to bring back the confidence of Nigerians n the…
Senate Confirms Appointment Of Omolola Oloworaran As PENCOM DG
BY NGOZI ONYEAKUSI DG, PenCom The Senate has confirmed the appointment of Ms Omolola Oloworaran as the Director General of the National Pension Commission (PENCOM). The confirmation follows the…
Minimum wage hike to swell FG’s personnel, pension costs by N3.57trn in 2025
The Federal Government has projected a notable rise in personnel and pension costs for 2025, primarily driven by the implementation of the new minimum wage. According to an analysis…
Penop Holds Insightful Session on Maximizing Potential of RSA Fund VI: Exploring Sharia-Compliant Investments
Oguche, PenOp CEO The Pension Fund Operators Association of Nigeria (Penop), along with the National Pension Commission (PENCOM) recently convened a webinar titled "Maximizing the Potential of RSA Fund VI:…