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‘Delayed benefits payment’ — PenCom urges employees to update RSA records

    ‘Delayed benefits payment’ — PenCom urges employees to update RSA records

The National Pension Commission (PenCom) says the data recapture exercise (DRE) is mandatory for retirement savings account (RSA) holders enrolled in the contributory pension scheme (CPS). In a statement on

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PenCom to employers: Encourage employees to transfer trust fund contributions to RSAs

    PenCom to employers: Encourage employees to transfer trust fund contributions to RSAs

The National Pension Commission (PenCom) says employers should encourage their workers to transfer contributions of the Nigerian Social Insurance Trust Fund (NSITF) to their retirement savings accounts (RSAs). Aisha Dahir-Umar,

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PenCom: Pension assets hit N17trn in July despite economic challenges

    PenCom: Pension assets hit N17trn in July despite economic challenges

The National Pension Commission (PenCom) says pension assets increased to N17.07 trillion at the end of July 2023. Aisha Dahir-Umar, director-general of PenCom, disclosed this at a sensitisation conference for civil

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PenCom to begin online verification for 2024 retirees Oct 2

    PenCom to begin online verification for 2024 retirees Oct 2

The National Pension Commission (PenCom) says it will commence the 2023 online verification and enrolment exercise for prospective retirees in ministries, departments and agencies (MDAs) of the federal government. In

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Pension Insight: How CPS delivers financial security amidst job loss challenges

  Pension Insight: How CPS delivers financial security amidst job loss challenges

In a sustained stride towards ensuring the financial security of workers under the contributory pension scheme (CPS), the National Pension

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PenCom: Over 41,000 employees uncredited due to incomplete documentation by employers

  PenCom: Over 41,000 employees uncredited due to incomplete documentation by employers

The National Pension Commission (PenCom) says the retirement savings accounts (RSAs) of over 41,000 employees’ have not been credited due

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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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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: 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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FG released N13.89bn pension for 2022 retirees, says PenCom

  FG released N13.89bn pension for 2022 retirees, says PenCom

The National Pension Commission (PenCom) says the federal government has released N13.89 billion for the payment of the pension of

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