In Nine Months, Pension Contributors Rose By 245,385 – PenCom   The number of workers with pension accounts under the Contributory Pension Scheme rose by 245,385 in nine months to 9,461,173. The latest data obtained from the National Pension Commission on ‘Total RSA registrations as at 30...

Pension Assets Rise By 0.8% To N13trn   Total Pension assets of the Contributory Pension Scheme, CPS, increased by 0.8 per cent Month-on-Month, MoM, to N13 trillion in September 2021 from N12.9 trillion recorded in August 2021. According to the unaudited report on pension funds industry portfolio...

Contributory Pension Assets Rise To N12.9trn - PenCom     Assets under the Contributory Pension Scheme rose by N120bn in August, data obtained from the National Pension Commission have shown. PenCom disclosed this in its latest unaudited report on pension funds industry portfolio. According to the report, the assets...

PenCom, NIRSAL MFB Launch Non-Interest Fund, Loans   The National Pension Commission (PenCom) says it has introduced a non-interest fund (Fund VI) and issued an operational framework for the fund to guide pension contributors and retirees. In a publication, the pension regulatory agency said it was in...

PenCom Recovers N19.29bn Unremitted Pensions   The National Pension Commission says it has recovered N19.29bn monthly pensions deducted by employers from employees’ monthly emoluments but not remitted to the Retirement Savings Accounts with their respective Pension Fund Administrators. Figures obtained from PenCom’s quarterly report on Tuesday showed...

Pension Funds Invested In Banks Rise To N2.05trn – PenCom   The total amount of pension funds invested in banks by Pension Fund Administrators rose to N2.05tn at the end of July from N1.48tn in January. The National Pension Commission disclosed this in its report, titled ‘Unaudited...