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FG Has Ordered Payment Of Outstanding Arears, Says PenCom

FG Has Ordered Payment Of Outstanding Arears, Says PenCom       The National Pension Commission has said that the Federal Government has given an order to clear the outstanding pensions of its retirees under the Contributory Pension Scheme. PenCom said this on Wednesday in a statement titled ‘Presidential...

Contributory Pension Assets Rise To N12.4trn

Contributory Pension Assets Rise To N12.4trn       The total assets under the Contributory Pension Scheme rose to N12.4tn as of the end of April, according to the latest data obtained from the National Pension Commission on Wednesday. PenCom, in its unaudited report on the pension funds industry...

PenCom, NASS Refute N9bn Probe Rumour

PenCom, NASS Refute N9bn Probe Rumour     The National Pension Commission (PenCom) and the National Assembly (NASS) have dismissed online media reports that the Commission was under probe over several infractions, including alleged N9 billion expenditure on salaries. The reports claimed that recent findings by the joint...

PenCom Recovers N17.05bn From 655 Employers

PenCom Recovers N17.05bn From 655 Employers   The National Pension Commission (PenCom) has recovered a total of N17.05 billion as outstanding pension contributions from defaulting employers in the last eight years. Data sourced from PenCom showed that the recoveries were made from 655 defaulting employers from July,...

PenCom’s Verification Exercise For 2020 Retirees Begins July

PenCom's Verification Exercise For 2020 Retirees Begins July Acting DG of PenCom, Aisha Umar-Dahir The National Pension Commission (Pencom) on Monday said it is going to start verification exercise for civil servants who will be retiring by year 2020. The Acting Director General of Pencom,...