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States, Others Not Funding 3.5m Workers’ Pension – PenCom

States, Others Not Funding 3.5m Workers’ Pension – PenCom       The National Pension Commission has faulted states and some private companies for not funding 3.5 million pension accounts opened by their workers as of the end of 2020. The implication of this default is that the workers...

Only 9,103,653 Workers Have Pension Accounts – PenCom

Only 9,103,653 Workers Have Pension Accounts - PenCom       Only 9,103,653 workers had Retirement Savings Accounts with Pension Fund Administrators as of the end of August. The National Pension Commission disclosed this in its ‘Total RSA registrations as at 31 August 2020’ latest report obtained from on...

331,003 Job Losers Withdraw N116.87bn From Pension Accounts

331,003 Job Losers Withdraw N116.87bn From Pension Accounts       A total of 331,003 workers who lost their jobs have withdrawn N116.87bn from their Retirement Savings Accounts under the Contributory Pension Scheme. This amounted to 25 per cent of the total balance in their RSAs with Pension Fund...

8.8m Nigerian Workers Have Pension Accounts – PenCom

8.8m Nigerian Workers Have Pension Accounts – PenCom   About 8.85 million Nigerian workers have been registered under the Contributory Pension Scheme, the acting Director-General, National Pension Commission, Mrs Aisha Dahir-Umar, has said. She disclosed this on Thursday during a pension seminar in Benin, Edo State, adding...