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Tag "pension"

Pension Insight: What to do for a rewarding retirement

    Pension Insight: What to do for a rewarding retirement

As the Nigerian workforce continues its growth and transformation, the imperative of robust retirement planning becomes increasingly pronounced. For those enrolled in the contributory pension scheme (CPS), the key to

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Kaduna pensioners smile to the bank

    Kaduna pensioners smile to the bank

Perhaps, the late Abdulkadir Kure, former governor of Niger state, encountered a pension scam in the most dramatic manner. In 2001, he went to the state pension office and demanded

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Pension Insight: How pension funds boost infrastructure financing in Nigeria

    Pension Insight: How pension funds boost infrastructure financing in Nigeria

Under the contributory pension scheme (CPS), pension funds have emerged as a formidable force in addressing the infrastructure financing gap in Nigeria, providing essential support for the development of vital

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How well has Aisha Dahir-Umar sustained pension reform?

    How well has Aisha Dahir-Umar sustained pension reform?

BY GRACE A. ABAYOMI In October 2020, former President Muhammadu Buhari appointed Mrs Aisha Dahir-Umar as the Director General (DG) of the National Pension Commission (PenCom) after a lot of

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Kano electricity workers shut down company indefinitely over unremitted pension

  Kano electricity workers shut down company indefinitely over unremitted pension

Electricity workers, on Monday, shut down the Kano Electricity Distribution Company (KEDCO), over alleged failure to remit their pension deductions

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Reps move to recover N10trn pension fund ‘borrowed’ by FG

  Reps move to recover N10trn pension fund ‘borrowed’ by FG

The house of representatives has resolved to recover N10 trillion pension funds “borrowed” by the federal government. The lawmakers passed

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Pension Insight: PenCom enhances workers’ retirement benefits through additional benefits schemes

  Pension Insight: PenCom enhances workers’ retirement benefits through additional benefits schemes

To fortify retirement benefits for workers in Nigeria, the National Pension Commission (PenCom) has recently unveiled the framework for the

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PenCom concerned about uncredited pension contributions, may penalise noncompliant employers

  PenCom concerned about uncredited pension contributions, may penalise noncompliant employers

The National Pension Commission (PenCom) has raised concerns over the growing number of pension contributions yet to be credited to

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Pension Insight: The non-interest fund for RSA holders

  Pension Insight: The non-interest fund for RSA holders

The National Pension Commission (PenCom) introduced the non-interest fund, also known as Fund VI, in September 2021 by issuing the

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Pension Insight: Contributory pension scheme — workers’ guide to preparing for retirement

  Pension Insight: Contributory pension scheme — workers’ guide to preparing for retirement

As the Nigerian workforce continues to grow and evolve, so does the importance of adequate preparation for retirement. For workers

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