Contributory Pension Assets Rose By N359bn In Four Months   Despite the challenges in the economy occasioned by the coronavirus pandemic, the total pension assets under the Contributory Pension Scheme rose by N359bn from N10.2tn as of the end of December 2019 to N10.57tn as of...

Pension Fund Hits N10.22trn   Pension fund assets at December last year have hit N10.22 trillion. It was N9.99 trillion in November of the same year. The investment of the fund followed the same pattern as the previous month as pension fund administrators (PFAs) invested N7.34 trillion...

PenCom Orders Pension Enhancement For Retirees   The National Pension Commission has directed the Pension Fund Administrators to implement pension enhancement for retirees on programmed withdrawal under the Contributory Pension Scheme (CPS) PenCom said in a statement that this would be the second edition of the pension...

PenCom To Collect Bonds Through DMO For N400bn Pension Arrears   The National Pension Commission plans to raise pension bonds through the Debt Management Office to offset the pension arrears of federal retirees. The arrears accumulated through accrued rights. The Chairman, Senate Committee on Establishment and Public Service,...

PenCom To Begin Verification Of Prospective Retirees   The National Pension Commission will soon commence the verification of prospective retirees under the Contributory Pension Scheme. The acting Director-General, PenCom, Hajia Aisha Dahir-Umar, disclosed this in Lagos, during the pre-retirement workshop for Federal Government’s retirees, due to retire...

We’re Targeting 30m Contributors By 2024 With Micro Pension - PenCom Boss   Aisha Dahir-Umar is the Acting Director General of the National Pension Commission (PenCom). In this interview with Daily Trust, Dahir-Umar says PeCom is targeting 30 million pension contributors by 2024 with the introduction...