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Tag "pencom"

PenCom: Leadway Pensure’s shares in First Bank belong to RSA holders

    PenCom: Leadway Pensure’s shares in First Bank belong to RSA holders

Funds invested in First Bank Holdings Ltd (FBNH) by Leadway Pensure Ltd belong to retirement savings account (RSA) holders, the National Pension Commission (PenCom) has clarified. This would appear to

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PenCom launches app to capture retirees for benefits

    PenCom launches app to capture retirees for benefits

The National Pension Commission (PenCom) has launched an online application to capture the information of retirees and process the benefits due to them. In 2020, PenCom had explained that it would introduce

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PenCom: We’ve recovered N608m pension liabilities from defaulting employers

    PenCom: We’ve recovered N608m pension liabilities from defaulting employers

The National Pension Commission (PenCom) says it has recovered N608.5m from employers who deducted monthly pensions of their workers but did not remit to their retirement savings accounts (RSAs) with

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PenCom: 3.5m unfunded pension accounts belong to civil servants, private employees

    PenCom: 3.5m unfunded pension accounts belong to civil servants, private employees

The National Pension Commission says 3.5 million pension accounts have remained unfunded as of the end of December 2020. This is contained in the 2020 fourth-quarter report released by the

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PenCom: PFAs can invest only N2.4trn of pension funds in infrastructure

  PenCom: PFAs can invest only N2.4trn of pension funds in infrastructure

The National Pension Commission (PenCom) says pension fund administrators (PFAs) can only invest N2.4 trillion in infrastructure. A recent communique

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Can governors borrow N17trn from pension funds? The short answer is no

  Can governors borrow N17trn from pension funds? The short answer is no

You must have read the news: the Nigeria Governors’ Forum (NGF) is reportedly planning to borrow the sum of N17

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Total pension fund assets rose to N11.35trn in August, says PenCom

  Total pension fund assets rose to N11.35trn in August, says PenCom

The National Pension Commission (PenCom) says the total assets under the contributory pension scheme (CPS) rose to N11.34 trillion as

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Senate finally confirms Aisha Dahir-Umar as PenCom DG

  Senate finally confirms Aisha Dahir-Umar as PenCom DG

The senate has confirmed the nomination of Aisha Dahir-Umar as the director-general (DG) of the National Pension Commission (PenCom). President

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TUC to PenCom: Amend pension act to enable workers withdraw 50% from retirement savings

  TUC to PenCom: Amend pension act to enable workers withdraw 50% from retirement savings

The Trade Union Congress (TUC) has asked the National Pension Commission (PenCom) to recommend an amendment of the pension reform

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