Archives for PENSIONS - Page 45
Arrears: FG Releases N54bn to PenCom
Alhaji Hassana Shekarau, Chairman, House Committee on Pension, yesterday disclosed that the Federal Government has released N54billion to National Pension Commission (PenCom) for the payment…
PenCom struggles with micro pension initiative
In spite huge funds expended on the micro pension initiative by the National Pension Commission (PenCom), there are indictions that the scheme which was conceived to capture…
Non-remittance: PenCom recovers N13.58bn
The National Pension Commission has recovered from defaulting employers. According the commission, efforts in ensuring compliance by employers with the pension payment regulations were yielding positive result. “As…
Sigma charges SMEs on pension
Sigma Pensions, has urged the Small and Medium Enterprises to open Retirement Savings Accounts under the Contributory Pension Scheme and embrace voluntary contribution. The Vice-President, Business Development…
PenCom to drive micro pension via ICT
The National Pension Commission (PenCom) said it is set to expand micro pension through the use of modern technology. To achieve the feat, the commission said it has…
Total pension fund assets hit to N7.4tn
The total pension fund assets under the Contributory Pension Scheme (CPS) has risen to as at the end of November 2017. According to the National Pension Commission…
PenCom certifies 83 firms for FG deals
The National Pension Commission (PenCom) has cleared 83 firms to bid for contracts with Federal Government Ministries, Departments and Agencies (MDAs) for 2018. PenCom has already issued…
LSETF Launches ‘Lagos Innovates’ for Lagos Tech Star
The Lagos State Employment Trust Fund, LSETF, has today announced “Lagos Innovates”, a series of programs designed for the benefit of technology- and innovation-driven startups in Lagos State.…
Stanbic IBTC Pension Managers settles retirees with N279bn
Stanbic IBTC Pension Managers says it has paid over N279bn to retirees inception in 2006. According to the firm, between January and June this year, over…
Pension Funds: PFAs invests N5.38 bn in infrastructur
The total pension funds invested by the Pension Fund Administrators in infrastructure have risen to According to the National Pension Commission (PenCom) total assets under the management of…
