Archives for PENSIONS - Page 38
Retirees Inject N371.2bn into Insurers Annuity Business
From Ngozi Onyeakusi, Lagos National Pension Commission (PenCom) has disclosed that retirees from the public and private sectors had since the inception of the Contributory Pension Scheme…
Stakeholders Advocate For Light Regulation For Pension, Insurance Sectors
L-R: Mr. Bode Opadogun, Managing Director, FBN General Insurance/representative of Chairman, NIA; Mr. Babatunde Phillips, Head, Benefits, National Pension Commission (PenCom); Mrs Ronke Adedeji, President, Association of Pension…
PenOp Assures Safety Of Over N9.33trn pension funds
L-R Shows: Dr. Hamza Wuro-Bokki - PenOp Head, Legal & Regulatory Committee (MD- NPF Pensions); Olumide Bolumole, Divisional Head, Listings Business, The Nigerian Stock Exchange; Ms. Tinuade Awe,…
PenCom Holds 2019 Pre-Retirement Workshop For Prospective Retirees
The National Pension Commission (PenCom) has concluded plans to hold the 2019 Pre-Retirement workshops for staff of Ministries, Departments and Agencies(MDAs) who are due to retire between January…
Expert Highlights Rights Of Workers Under CPS
BY BARR. IVOR TAKOR, mni. DIRECTOR, CENTRE FOR PENSION RIGHT ADVOCACY. On July 1, 2014 the Pension Reform Act 2014 or “the Act” was enacted into lawcommencing from July 1, 2014. The Act, which…
NLC Urges State Govts To Settle Arrears Of Pensioners
The Nigerian Labour Congress (NLC) has called on state governments owing pensioners arrears to pay them as soon as possible to reduce their hardship. NLC National President…
PFAs Invest N638.89bn Pension Funds In Banks
National Pension Commission (PenCom) has disclosed that the Pension Funds Administrators have invested pension funds in the banking industry as of the end of January 2019. PenCom…
N8.7tn pension fund: PenCom bars PFAs from investing in bonds issued by nine states
The National Pension Commission has barred pension fund administrators from investing in the bonds of nine states that have yet to amend their state pension laws and…
Feature: Transfer Window: PenCom, PenOp Guard Against Fraud
As pension industry awaits unveiling of the Retirement Savings Account (RSAs) Transfer Window, PenCom and PenOp have intensified effort aimed at ensuring a fraud free initiative. NGOZI…
PTAD Settles Pensioners With N102.8 bn in 15 Months
Pension Transitional Arrangement Department (PTAD) has disclosed that between January 2018 and March 2019, a total of was paid by the Federal Government to pensioners in the…
