National Pension Commission (Pencom)
PenCom announces changes in retirement benefits, names 8 payment providers in Nigeria
The National Pension Commission has made changes to the retirement benefits under the Contributory Pension Scheme and has approved payment providers.
290,000 Nigerians use transfer window to switch PFAs for higher returns
The competition is now mounting among pension fund administrators as RSA holders are using the transfer winder to switch fund managers to those with higher returns.
PFAs ramp up investment in FGN Securities by 17.7% to N13.8trn
This report shows how pension funds administrators are now investing more of pensioners funds into FG bonds, treasury bills and others to secure high returns
PenCom releases compulsory requirements for Nigerian workers' retirement savings account
The National Pension Commission (PenCom) has announced new requirements for Retirement Savings Account (RSA) registrations and data recapture processes.
BREAKING: FG settles NASU, pensioners after 1 week strike
President Bola Tinubu-led federal government has taken a major action on the striking NASU across federal universities and protesting pensioners in Nigeria.
Why we haven’t paid pensioners new minimum wage, Military explains
The Military Pensions Board said that the delays in pension payments for military veterans are due to funding issues, not the ongoing electronic verification process
N193bn debt: Pensioners threaten protest against FG, 4 governors
President Bola Tinubu-led federal government and four Nigerian governors have been threatened with a major protest over N193 billion pension backlogs.
Minimum wage: Jubilation as Tinubu’s govt raises retirees’ pension by N32,000, details emerge
The federal government has announced a N32,000 increase in the monthly pensions of retirees, following a consequential adjustment in public service salary structure.
483, 464 Nigerians rush to Pension Savings, withdraw N247.47 billion due to hardship
About 483,464 Nigerians have said that job losses and unemployment have led to them withdrawing over N200 billion from retirement savings in three months.
National Pension Commission (Pencom)
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