Archives for PENSIONS - Page 31
PenCom Urges PFAs To Verify Death Certificate Before Payment
By Ngozi Onyeakusi The National Pension Commission (PenCom) has charged Pension Fund Administrators (PFAs) in the country to ensure that death certificates presented by beneficiaries of deceased…
Accrued Right: Pensioners Receive N679.68bn in 11 years –PenCom
The National Pension Commission has disclosed that a total of N679bn has been paid as accrued pension rights to retirees from 2007 to September this year, the…
PFAs Invest N1.49t in treasury bills
By Ngozi Onyeakusi, Lagos Not less than trillion have been invested by Pension Fund Administrators (PFAs) in Treasury Bills. According to the monthly National Pension Commission (PenCom)…
Pension Funds Asset Soars To N8.33tn
By Ngozi Onyeakusi The total funds assets under the Contributory Pension Scheme has grown to at the end of August 2018. Thus, showing an increase of N100bn from…
17 States Still Owe Pensions and Salaries Despite N1.8 Trillion Bailout
BudgIT, worried that some states are yet to fully offset the outstanding amount owed pensioners and civil servants despite series of bailouts aimed at offsetting the liabilities, recently…
FG Approves Micro Pension Guidelines …Operation kick-starts Jan. 2019
R-L: Sunmisola Mark-Okoma, Pal Pension; the Executive Secretary, PenOp, Sussan Oranye, the Head Corporate Communication PenCom, Peter Aghaho,; MD ARM Pension Wale Odutola; MD Diamond PFC, Chinedu Ekeoha…
Non-Remittance: PenCom recovers N14.38bn in Six years
The National Pension Commission says it has recovered from employers who had been deducting the pension contributions of their employees but refused to remit the funds into the…
PenCom explains reasons for suspension of recruits
The National Pension Commission (PenCom) has explained the reasons behind the suspension of the recruitment of 41 workers into the Commission. The Acting Director-General, Mrs. Aisha Dahir-Umar…
PenCom Promotes Transparency Through Ethical Conduct
One of the major achievements of the Pension Reform is the establishment of robust legal and institutional frameworks for the administration of pensions in Nigeria. The reform…
Ilori, Apampa, Charge Underwriters On Trust
*Ilori* The Director General, Nigerian Insurers Association(NIA), Mrs. Yetunde Ilori and the Managing Director/Chief Executive Officer, Sunu Assurance Plc, Mr. Moruf Apampa, have both charged underwriters to build…