Archives for PENSIONS - Page 13
FG’s Spending On Pension, Gratuity Dips By N3.48bn To N356.12bn in 2021
Pension logo The Central Bank of Nigeria (CBN) has disclosed that the Federal Government’s expenditure on pensions and gratuity dropped slightly by in 2021. According to apex bank in its…
2022 Online Verification For FG Retirees Kicks Off 20th June
DG PenCom The National Pension Commission (PenCom) has announced the commencement of 2022 online Verification and Enrolment Exercise for retirees/prospective retirees of Federal Government Treasury-Funded Ministries, Departments and Agencies (MDAs)…
RSA Holders Soar To 93,114 In 2022 Q1 — Pencom
PenCom logo By Ngozi Onyeakusi--- The National Pension Commission (PenCom) has disclosed that Savings Accounts (RSAs) has recored 93,114 in the first quarter (Q1) of 2022. According to the…
Feature: Earth Movement in Pension Industry
Pension logo It is eighteen years since the Pension industry was carved out of the Insurance industry and government direct management. The new Act of 2004 began a new…
PenCom Urges RSA Holders On Continues Recapture Exercise
PenCom logo By Ngozi Onyeakusi----The National Pension Commission (PenCom) is directing all Retirement Savings Account (RSA) holders to visit any branch of their Pension Fund Administrators (PFAs) to participate in…
Lagos Pays N39bn To 10,380 Retirees
Sanwo-Olu By Ngozi Onyeakusi---Lagos State Government has paid N39bn to 10,380 retirees from May 2019 to April 2022. This was made known by the Commissioner for Establishments, Training and Pensions,…
Obaseki Approves N40,000 Minimum Wage For Edo Workers, Harmonised Pension
By Ngozi Onyeakusi---The Edo State Governor, Mr. Godwin Obaseki, has approved N40,000 as the new minimum wage for workers in the state, in commemoration of this year’s Workers’ Day. The…
20 PFAs Meet N5bn Recapitalisation
DG PenCom By Ngozi Onyeakusi--- The National Pension Commission (PenCom) has disclosed that 20 Pension Fund Administrators (PFAS) operating in the country have met the N5billion recapitalisation requirement as at…
PTAD Set To Defray Consequential Pension Adjustment Arrears For Civil Service Pensioners
PTAD PTAD logo The Pension Transitional Arrangement Directorate (PTAD), has disclosed to esteemed pensioners from the Civil Service Pension Department that due to circumstances beyond our control, the Directorate…
Norrenberger Gets PenCom Approval To Acquire IEI-Anchor Pension
PenCom logo From Ngozi Onyeakusi--- Following approval secured from the National Pension Commission (PENCOM) Norrenberger has acquired IEI-Anchor Pension, one of Nigeria’s pension fund administrators (PFA). By this move, Norrenberger…