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    Pension & Retirement

    Reps Move To Severe Police Pensioners From Contributory Pension Scheme

    A Bill for an Act to Amend the Pension Reform Act 2014 to provide for the exemption of the Nigeria Police Force from the...

    Nigeria’s Pension Asset Increased by 13% YoY to N12.78trn in July 2021

    PenCom's latest monthly report that the assets under management (AUM) of the regulated pension industry increased by 13.0% y/y to NGN12.78trn (USD31.1bn) at end-July...

    Lagos state govt. pays 8,170 retirees over N32bn in 2 years – Commissioner

    By Rukayat Adeyemi Lagos, July 31, 2021 Lagos State Government says it paid accrued pensions of more than N32 billion to 8,170 retirees between May...

    PenCom transfers 10,165 RSAs to new administrators in Q3

    By Nana Musa Lagos, July 27, 2021 The National Pension Commission (PenCom) said it transferred 10,165 Retirement Savings Accounts (RSAs) to other Pension Fund...

    PenCom develops automatic pre-retirement verification, enrolment application

    By Rukayat Adeyemi Lagos, July 27, 2021 The National Pension Commission (PenCom) on Tuesday announced that it had developed an online application to automate pre-retirement...

    Nigeria’s Pension fund hits N12.66trn

    By Rukayat Adeyemi Lagos, July 26, 2021 (NAN) The National Pension Commision (PenCom) said pension fund assets had risen to N12.66 trillion as at June...

    PenCom begins payment of 2.5% pension differentials to retirees – DG

    Rukayat Adeyemi Lagos, July 26, 2021 The National Pension Commision (PenCom) on Monday said it had commenced payment of the 2.5 per cent differentials of...

    Pension operators, lawmakers to review lump sum payable to retirees

    By Rukayat Adeyemi Lagos, July 12, 2021 Operators Association of Nigeria (PenOp) and the Joint Committee for Establishment and Public Service of the Senate...

    Reps to investigate alleged non-payment of army personnel allowances

    By EricJames Ochigbo Abuja, June 30, 2021 The House of Representatives has resolved that the Committee on Army should investigate the disbursement of Non-Regular...

    FG approves payment of outstanding pension liabilities

    By Nana Musa Abuja, June 30, 2021 The Federal Government has given presidential approval for payment of outstanding pension liabilities under the Contributory Pension...

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