35 States Fail To Provide Workers’ Insurance
Four more states have stopped providing group life insurance policy for their workers, thus joining 31 others that had failed to adopt the policy, investigation has revealed.
Latest figures obtained from the National Pension Commission revealed that only workers...
PenCom Lists Delta, Six Other States As Remittance Compliant
The National Pension Commission (PenCom) has listed only seven out of the 36 states in Nigeria as being current in their remittance of pension fund deductions from the salaries of their employees as well as in...
Total Pension Assets Grow To N9.32trn
The total assets under the Contributory Pension Scheme rose to N9.32tn as of the end of June 2019.
The funds, which had continued to record a steady rise, hit N8.33tn as of the end of August 2018.
Figures obtained from the...
PenCom Disburses N107bn To 313,368 Disengaged Contributors
The National Pension Commission has paid a total of N107.93bn to 313,468 contributors under the Contributory Pension Scheme that have temporarily lost their jobs.
One of the objectives of the Pension Reform Act of 2014 is to ensure that...
Pensions: States Failed To Remit N3.4bn Deducted From Workers’ Pay - PenCom
States operating the Contributory Pension Scheme refused to remit about N3.4bn pension contributions deducted from their workers monthly remunerations into their respective Retirement Savings Accounts with their Pension Fund Administrators.
The acting Director-General, National...
All Retirees Must Get Benefits, PenCom Boss Says
The acting Director General, National Pension Commission (PenCom), Mrs. Aisha Dahir-Umar, yesterday reassured Nigerians that all persons who had worked in either in the public service of the federation, Federal Capital Territory (FCT), states and local governments...
