Pension contributors decry cumbersome data recapture process
Some Federal Government contributors to the Contributory Pension Scheme, have decried the long process involved in the ongoing Nationwide Data Recapture for registered workers.
The...
LASG releases N784m for pension payments
The Lagos State Government (LASG) has released N784,690 million to offset the Accrued Pension Rights (ACR) of its retirees.
This was disclosed in a statement...
PenCom urges state governments to adopt Contributory Pension Scheme
The National Pension Commission (PenCom) has urged state governments to adopt the Contributory Pension Scheme (CPS) for their workers.
PenCom’s Head of Corporate Communication, Mr...
PenCom says N3.4bn pension contribution not remitted into states employees’ RSAs
The National Pension Commission (PenCom) on Wednesday said over N3.4 billion pension contribution fund deducted by states from employees’ salaries was yet to be...
Workers task President Buhari to prioritise pension payments
Some Federal Government workers have urged President Muhammadu Buhari to give priority to timely payment of pensions and gratuities to retirees.
The workers made the...
Nigeria’ pension assets hit N9.03tr at March
The Nigeria pension scheme has recorded a rise in asset which the regulator currently put at N9.03 trillion as at March 2019.
The National Pension...
PenCom, NBTE, commission first pension school
The National Pension Commission (PenCom), Nation Board for Technical Education (NBTE), and other stakeholders on Thursday in Abuja commissioned Nigeria’s first private pension tertiary...
PenCom targets 30 million informal workers in new scheme
The National Pension Commission (PenCom), says it is targeting no fewer than 30 million Nigerians in its Micro Pension Plan (MPP) within the next...
Only 12% of Nigerian workers in pension scheme —PenCom
The National Pension Commission (PenCom) has revealed that only 8.41 million out of the over 70 million working population in Nigeria are making contributions...
Foreigners, others quit contributory pension, withdraw N24.95bn
Foreign nationals have opted out of the Contributory Pension Scheme and withdrawn all their contributions from their respective Retirement Savings Accounts.
The foreigners decided to...