FG Transferred N201bn To MDAs’ Retirement Benefit Accounts, PenCom Says   Between April 2017 and January this year, the Federal Government transferred the sum of N201.95bn into the Retirement Benefits Bond Redemption Fund Account maintained by the Central Bank of Nigeria for payment of accrued pension...

PenCom, Others Move To Bridge N16trn Housing Deficit Plans are underway to allow pension contributors access 25 per cent of savings in their respective Retirement Savings Accounts (RSAs) for mortgage finance. The new arrangement is to enable the federal government to close the over N16trn...

PenCom Gives Sick Workers Nod To Withdraw From Pension Savings About 320 workers who left their paid employment on health grounds before the stipulated retirement age under the Contributory Pension Scheme have been paid a lump sum of N174.01m by their Pension Fund Administrators. No fewer...

PenCom Says Only 12% Of Workers Contribute To Pension Scheme   Out of the over 70 million people that represent the working population in Nigeria, only 8.41 million of them are currently making contributions into the Contributory Pension Scheme. The 8.41 million contributors, according to figures obtained...

PenCom Boss Debunks Allegation Of Pension Act Violation The acting Director General of the National Pension Commission (PenCom), Aisha Dahir-Umar has said the allegations levelled against the National Pension Commission (PenCom) by members of the House of Representatives were incorrect and unfounded. Dahir-Umar, made this known...

PenCom Tells Reps, "Contributors'Details Confidential"   The National Pension Commission has said it will protect the confidential information of contributors and retirees under the Contributory Pension Account. The commission stated this in reaction to the latest move by the House of Representatives Ad-hoc Committee, which recently summoned...