Archives for PENSIONS - Page 41
10.8% Of Nigeria’s Total Working Population Are Registered Under The National Pension Scheme – NBS
The retirement savings account (RSA) membership distribution data for Q4 2016 reflected that 7,348,028 workers are registered under the pension scheme out of a total working population of 69,470,091 as…
Pension Fund Assets hits N6.02 trillion
The total funds under the Contributory Pension Scheme has risen to at the end of November 2016. According to the National Pension Commission (PenCom) the funds rose from trillion at…
Non-remittance: PenCom commends Recovery agents
The National Pension Commission (PenCom) has commended the effort of the recovering agent saying it has assisted the commission in recovering funds from defaulting firms. The commission noted that in…
PenCom laments State governments’ recklessness to pension affairs
The National Pension Commission (PenCom) has expressed concerns about the poor attitude of many state governments to pension contribution. The commission regretted that presently, only 10 out of the 36…
FUG Pensions Partners Down Syndrome Foundation On CSR
The Future Unity Glanvills (FUG) Pensions Limited, one of the frontline pension fund administrators in the country, has partnered with Down Syndrome Foundation (DSF), to organise a Christmas Carol for…
Government attitude threatens pension contribution …PenOp
The Pension Fund Operators Association of Nigeria (PenOp) has condemned Federal Government's poor attitude to the pension industry saying it is a threat to the sector. PenOp regretted that Federal…
Premium Pensions hinges economic recovery on pension funds investment in infrastructure
The Managing Director/Chief Executive Officer, Premium Pension Limited, Mr. Wilson Ideva, has advocated for urgent investment of pension funds in infrastructure. Ideva who made the call noted that if pension…
Pension Benefits:186,730 retirees receive N395 billion in 12 years … PenCom
The National Pension Commission (PenCom) has said that a total of 186,730 retirees have received N395 billion as lump sum from their pension benefits since the establishment of the Contributory…
Non-Remittance: PenCom recovers N11 billion in three years
The National Pension Commission (PenCom) has disclosed that it had recovered a total of over N11 billion between 2013 till date from erring firms through its recovering agents. The Commissions…
Pension fund assets hits N5.9 trillion
The National Pension Commission (PenCom) has disclosed that pension fund assets under the Contributory Pension Scheme (CPS) now hovered at over trillion. This disclosure was made by the Director General,…