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Agusto: Nigeria’s pension assets to rise to N19trn by end of 2024

    Agusto: Nigeria’s pension assets to rise to N19trn by end of 2024

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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Pension Insight: CPS pack for retirees — everything to know about pension payment options

    Pension Insight: CPS pack for retirees — everything to know about pension payment options

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

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Pension Insight: The imperative of micro pension plan as a buffer against old age poverty

    Pension Insight: The imperative of micro pension plan as a buffer against old age poverty

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

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PenCom: Disengaged workers withdrew N12.72bn from pension fund in Q1

    PenCom: Disengaged workers withdrew N12.72bn from pension fund in Q1

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

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PenCom Insight: Recovering unremitted pension contributions and the task ahead

  PenCom Insight: Recovering unremitted pension contributions and the task ahead

The National Pension Commission (PenCom) ensures the recovery of unremitted pension contributions with penalties from employers that fail to remit

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PenCom Insight: Enhancing service delivery in Nigeria’s pension industry through RSA transfer

  PenCom Insight: Enhancing service delivery in Nigeria’s pension industry through RSA transfer

One of the crucial innovations in the contributory pension scheme (CPS) in Nigeria was the introduction of the retirement savings

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PenCom: Over N384m pension recovered from defaulting employers in Q1 2023

  PenCom: Over N384m pension recovered from defaulting employers in Q1 2023

The National Pension Commission (PenCom) says it recovered N384.28 million as pension contributions owed workers by defaulting employers in the

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PenCom Insight: Non-interest fund records significant growth, hits N38.41bn in assets

  PenCom Insight: Non-interest fund records significant growth, hits N38.41bn in assets

The non-interest fund (Fund VI), introduced by the National Pension Commission (PenCom) in September 2021, has recorded significant growth since

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PenCom Insight: Safety of your pension savings under CPS and role of PFCs

  PenCom Insight: Safety of your pension savings under CPS and role of PFCs

The Pension Reform Act (PRA), 2004, which introduced the contributory pension scheme (CPS) for public and private sector employees, was

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‘Investment decisions, benefits payment’ — PenCom lists mandates of PFAs

  ‘Investment decisions, benefits payment’ — PenCom lists mandates of PFAs

The National Pension Commission (PenCom) has highlighted some of the responsibilities of pension fund administrators (PFAs) to employees, as they

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