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...
FG Borrows N6.16tn From N8.499tn Pension Fund The total pension assets under the Contributory Pension Scheme rose to N8.49tn as of the end of November 2018...
PTAD Pays N7.89bn to Beneficiaries The Pension Transitional Arrangement Directorate (PTAD) said it recently paid a total of N7.89 billion as benefits to both pensioners and...
Ex-Perm Secs Demand Implementation of Harmonised Pension The Council of Retired Federal Permanent Secretaries has written to the Accountant-General of the Federation, Alhaji Ahmed Idris, demanding...
Investors Lobby as PFAs Invest N17bn Pension Funds in Infrastructure Pension Funds Administrators have raised their investments in infrastructure to N17.12bn from the pension money in...
Banks Borrow N764.32bn From Pension Fund Nigerian banks borrowed N764.32bn from the total pension funds under the Contributory Pension Scheme as of the end of September...
Radix Pension Grew RSAs by 450% Radix Pension Managers, one of the Pension Fund Administrators in the country, said it grew its Retirement Savings Accounts from...
PenCom Moves Against Using Pension Accounts for Money Laundering As part of the efforts to prevent workers from using their pension accounts for money laundering, operators...
Retirees Payments Stopped Over Empty Pension Accounts, PenCom Intervenes Some pensioners under the Contributory Pension Scheme stopped earning monthly stipends some years after they retired because...
‘Contributory Pension is Boosting Savings Culture’ The Contributory Pension Scheme (CPS) is boosting the savings culture and deepening the consciousness among Nigerian to plan for their...