The Federal Airports Authority of Nigeria (FAAN) workers' exclusion from the National Pension Commission scheme in 2004 has led to the agency's pension liability soaring to an unprecedented N200 billion. 

Lagos Retirees Paid Pension in Q4 2022 - FG The Lagos State Pension Commission has disclosed that the sum of N1.062bn was paid to 288 retirees on October 14, 2022, and the sum of N2.54bn to 754 retirees in December 2022. While countering an initial report...

PENCOM Clamps Down on Workers Over Fake Deaths to Get Pension Benefits The National Pension Commission has vowed to take action against relatives, workers and retirees who fake deaths of contributors to the Contributory Pension Scheme in order the get the benefits entitled to deceased...

Return 5% Lump Sum To Retirees, PenCom Orders PFAs The National Pension Commission has directed the Pension Fund Administrators to pay additional five per cent lump sum to retirees that were initially paid 20 per cent of total balance in their Retirement Savings Accounts on...

Pension Assets Hit N8.23tn Increase Total assets under the Contributory Pension Scheme rose to N8.23tn at the end of the second quarter of 2018, figures obtained from the National Pension Commission on Thursday showed. The figures specifically indicated that the number of contributors grew by 312,291...

Pension Assets Hit N7.8 Trillion   The National Pension Commission (PenCom) has put the net asset value of the contributory pension scheme (CPS) at N7.779 trillion as of February 28, just as it said that N54 billion released by the federal government last year would boost...