FG Approves N2.6bn to Pay Pension Increment Arrears The Pension Transitional Arrangement Directorate has approved the payment of the final tranche of the six months’ arrears...
FG Unveils Pension Plan for 80 Million Informal Sector Workers President Muhammadu Buhari has unveiled a Micro Pension Plan for people operating in the informal sector...
FG Transferred N201bn to MDAs’ Retirement Benefit Accounts — PenCom Between April 2017 and January this year, the Federal Government transferred the sum of N201.95bn into...
Pension Fund Assets Hit N8.6tn in Q4 The total pension fund assets under management increased to N8.63 trillion in the fourth quarter of 2018 (Q4 2018)...
Lagos Amends Pension Laws, Raises Workers’ Savings to 18% The Lagos State Governor, Mr Akinwunmi Ambode, has signed into law the amendment of the Lagos State...
Pension Fund Assets Value at N8.63tr The total assets of the National Pension Commission stood at N8.63 trillion as at the end of December 2018. Mrs...
Lagos Retirees Get N817.73m Pension The Lagos State Government at the 59th retirement benefit bond certificate presentation paid accrued pension rights of N817.73m into the Retirement...
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Quit Contributory Pension, Withdraw N24.95bn Foreign nationals have opted out of the Contributory Pension Scheme and withdrawn all their contributions from their respective Retirement...
FG Approves New Pension Company for Universities The Federal Government has approved the issuance of a licence to Nigerian University Pension Management Company Limited to carry...
Only 12 States Are Funding Workers’ Pension Accounts – PenCom Only 12 states among those that have enacted the Contributory Pension Scheme laws have been funding...