Archives for PENSIONS - Page 46
PenCom promotes residential mortgage via joint pensions
The National Insurance Commission (PenCom) says that allowing married partners, who have Retirement Savings Accounts, to use their savings to apply for joint mortgage loans…
RSA for mortgage crippled by PenCom Delay in releasing
Four years after the Pension Reform Act was amended, workers have been unable to use part of the savings in their Retirement Savings Accounts for mortgage loans.…
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.…
