PenCom Says Workers Accessed N986.88m Pension Savings For Mortgage   No fewer than 90 workers have accessed N986.88m out of their Retirement Savings Accounts with their Pension Fund Administrators to enable them acquire residential mortgages as of the end of June 2023. The National Pension Commission (...

Pension in N2.4trn Deficit Before Reforms, Says PenCom Boss   The Director-General of the National Pension Commission (PenCom) Mrs Aisha Dahir-Umar, has stated that the pension reforms in the country started when Nigeria was struggling with a N2.4tn deficit. This was disclosed in a new book titled...

In One Year, Contributory Pension Assets Gain N1.68trn – PenCom   The assets under the Contributory Pension Scheme rose by N1.68tn from N13.76tn as of the end of February 2022 to N15.45tn as of the end of February 2023. PenCom disclosed this in its unaudited report on...

N24bn Recovered From Defaulting Employers - PenCom   The National Pension Commission (PenCom) says it has recovered N24.15bn non-remitted pension savings of employees from defaulting employers. It disclosed this in its fourth quarter report for 2022. The report stated that, “Following the issuance of demand notices to defaulting...

Contributory Pension Assets Rise To N14.9trn   The total assets under the Contributory Pension Scheme rose by N1.56tn in 2022, according to figures obtained from the National Pension Commission (PenCom). PenCom disclosed in its latest ‘Report on pension industry portfolio for the period ended 31 December 2022’...

Aishatu Dahiru- Umar: The Iron Lady at PENCOM, by Abubakar Yusuf   Since her appointment and confirmation in 2020 as the substantive Director General, Pension Commission PENCOM , Hajiya Aishat Dahiru-Umar had turned the once moribund government agency into a prospective organization that was determined to...