Agusto & Co, a Pan-African credit rating agency, projects that Nigeria’s total pension assets will rise to an impressive N19 trillion by the end of 2024. The agency’s projection is
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The contributory pension scheme (CPS) retirement pack is a joint publication of the National Pension Commission (PenCom) and the National Insurance Commission (NAICOM). The pack is a guide for prospective
One of the major objectives of the contributory pension scheme (CPS) is to assist improvident individuals by ensuring that they save in order to cater for their livelihood during old
The National Pension Commission (PenCom) says 13,126 disengaged workers withdrew N12.72 billion in the first quarter (Q1) of 2023. The disbursement data is contained in the agency’s Q1 report for
The National Pension Commission (PenCom) ensures the recovery of unremitted pension contributions with penalties from employers that fail to remit
One of the crucial innovations in the contributory pension scheme (CPS) in Nigeria was the introduction of the retirement savings
The National Pension Commission (PenCom) says it recovered N384.28 million as pension contributions owed workers by defaulting employers in the
The non-interest fund (Fund VI), introduced by the National Pension Commission (PenCom) in September 2021, has recorded significant growth since
The Pension Reform Act (PRA), 2004, which introduced the contributory pension scheme (CPS) for public and private sector employees, was
The National Pension Commission (PenCom) has highlighted some of the responsibilities of pension fund administrators (PFAs) to employees, as they
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