More Nigerians Lose Job, Withdraw N30bn Pension Savings
More Nigerians withdrew funds from their pension savings, after losing their jobs, the numbers rose to 28,041 in September 2021 from 26,458 in the same period of 2020.
Data obtained from the National Pension Commission on withdrawal of...
Workers Withdrew N2.18bn Pension Savings In Q3 – PenCom
About 1,286 workers under the Contributory Pension Scheme withdrew N2.18bn from the voluntary contributions in their Retirement Savings Accounts with their Pension Fund Administrators in the third quarter.
The National Pension Commission disclosed this in its 2020...
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...
FG Borrows N5.5tn From Pension Savings, Delays Minimum Payment
The failure of the Federal Government to fund the Pension Protection Fund after borrowing N5.5tn from the Contributory Pension Scheme is delaying the commencement of the minimum pension payment to retirees
About two years after the Pension...
