Archives for PENSIONS
PenCom Hails Pension Reform as Landmark Transformation of Financial Sector
BY NGOZI ONYEAKUSI DG, PenCom The National Pension Commission (PenCom) has described Nigeria’s 2004 pension reform as one of the most significant and enduring transformations in the country’s financial sector,…
FG Pays ₦1.1bn Exit Benefits to 175 Retiring Civil Servants
BY NGOZI ONYEAKUSI Tinubu The Federal Government has commenced the payment of Additional Exit Benefits to retiring civil servants in Treasury-funded Ministries, Departments and Agencies (MDAs), with about ₦ billion…
PenCom Addresses Concerns Over Pension Increases for Lagos State Retirees
BY NGOZI ONYEAKUSI The National Pension Commission (PenCom) it acknowledged the concerns expressed by pensioners under the Contributory Pension Scheme in Lagos State regarding the implementation of pension increases and…
Pension inflows surge 42% despite idle accounts
 Quarterly contributions into the Personal Pension Plan rose per cent to in the first quarter of 2026, up from recorded in the fourth quarter of 2025, The PUNCH has learned.…
PenCom explains 38% decline in pension contributionsÂ
The National Pension Commission (PenCom) has allayed concerns over the reported per cent decline in pension contributions in the first quarter of 2026, explaining that the drop was largely caused…
Leadway Pensure Advocates Early Retirement Planning for Nigerians
BY NGOZI ONYEAKUSI Experts, at an annual training organised by Leadway Group for Insurance and Pension Journalists, charged Nigerians on early retirement planning to have a secured future. Speaking on…
Harmonisation Reforms To Drive Pension Equity, Says PTAD
BY NGOZI ONYEAKUSI The Pension Transitional Arrangement Directorate (PTAD) said, implementation of the Defined Benefit Scheme Pension Harmonisation is a reform meant to advance and enhance pension payment equity in…
FG Settles N39.6bn Pension Arrears, Clears Liabilities For Over 24,000 Retirees – Minister
BY NGOZI ONYEAKUSI Taiwo Oyedele The Federal Government has successfully cleared billion in outstanding pension arrears. This being longstanding liabilities owed to more than 24,000 retirees under the Defined Benefit…
NHIA, ‎PTAD, Universal Insurance, Sponsor NAIPE 2026 AGM
BY NGOZI ONYEAKUSI ‎ The National Health Insurance Authority (NHIA),‎ the Pension Transitional Arrangement Directorate (PTAD), as well as Universal Insurance Plc, have confirmed their sponsorship of the 2026 Annual…
ICPC, PenCom Intensify Pension Compliance, Recover N3bn from Defaulting Employers
BY NGOZI ONYEAKUSI The Independent Corrupt Practices and Other Related Offences Commission (ICPC) and the National Pension Commission (PenCom) have recovered over N3 billion unremitted pension contributions from employers. The…
