Archives for PENSIONS - Page 26
PenCom, NAICOM tackle de-marketing by pension, insurance operators, sign MoU
From left: Acting Director-General, National Pension Commission, Mrs. Aisha Dahir-Umar and Commissioner for Insurance, Sunday Thomas at the event. The National Pension Commission (PenCom) and the National Insurance Commission (NAICOM)…
Pension Fund Assets Soar To N11.09 trillion
By Ngozi Onyeakusi -- The National Pension Commission (PenCom) has disclosed that the fund assets has risen to trillion as June 2020. PenCom in its released summary of pension fund…
Transfer Window Underway, …Enhances Ethical Competition Amongst PFAs, Improves Service Delivery
By Ngozi Onyeakusi-- The National Pension Commission (PenCom) is set to allow contributors move their Retirement Savings Account (RSA) through a transfer window from one Pension Fund Administrator…
PFAs invest N7.2tn in government securities-Report
The Pension Funds Administrators invested of the total assets under the Contributory Pension Scheme in the Federal Government’s securities as of the end of May. This is contained in its…
Total Pension Assets Soar To N10.79tn
By Ngozi Onyeakusi-- Total pension assets under the Contributory Pension Scheme (CPS) has risen to as of the end of May 2020, despite the challenges of COVID-19 on the economy.…
Lagos pays N8.7b to retirees in six months
The Lagos State Government said it paid over billion Accrued Pension Rights to 2,309 retirees from its public service between January and June. The Director-General of the Lagos State Pension…
Uzodinma exposes eight persons indicted in N330m pension fraud
Uzodimma Imo Governor Hope Uzodinma has announced eight persons fraudulently receiving N330 million annually as pension. The Governor said the indicted persons who received their pensions annually are: Ajokubi H.…
Pensioners decry neglect by FG
As NUP gives palliatives, PPE to members Hundreds of pensioners, a few days ago gathered at the headquarters of Nigeria Union of Pensioners, NUP, in Abuja and alleged abandonment and…
PenCom concludes regulatory intervention in First Guarantee Pension Limited
The National Pension Commission (PenCom) has announced that its regulatory intervention in First Guarantee Pension Limited (the PFA), which resulted, among other things, in the appointment of an Interim Management…
PenCom Urges Employees To Report Default In Remittance
By Ngozi Onyeakusi-- The National Pension Commission (PenCom) has urged employees to ensure that all pension contributions deducted from salaries contributed by employers are remitted to the Pension Fund Custodian…