PenCom

The Federal Government through National Pension Commission (PenCom) may begin disbursement of outstanding 2.5 per cent pension contributors to retirees from tomorrow. This is coming as the nation’s pension fund assets had soared…

The National Pension Commission (PenCom) has said following the issuance of demand notices to defaulting employers whose pension liabilities had been established by the Recovery Agents (RAs), the sum of N553,033,652.01,…

A total of N213.07m has been recovered from employers who deducted pension savings from their workers’ monthly emoluments but refused to remit such to their respective Pension Fund Administrators between July and September this…

‎The National Pension Commission has said it has concluded arrangements for the take-off of Retirement Savings Account transfers, which would allow contributors to change their pension companies. ‎ A statement issued on Monday…

The National Pension Commission (PenCom) has said Small and Medium Enterprises are increasingly embracing the Contributory Pension Scheme (CPS). The Commission said in a recent report, that an analysis of Retirement Savings…

‎‎The National Pension Commission said it has recovered N17.52bn from employers who deducted monthly pensions from their workers’ monthly salaries but refused to remit to their Retirement Savings Accounts.‎ PenCom disclosed…

The Federal Government has released the sum of N14.92 billion for the payment of accrued rights for retirees under the Contributory Pension Scheme (CPS). A statement by the Head, Corporate Communications Department, PenCom, Peter…

The National Pension Commission, PENCOM, says its pension assets stands at N11.09 trillion as June 2020, PenCom stated this in its released summary of pension fund assets as at June 30, 2020. The report revealed that the assets gained…

The National Pension Commission (PenCom) has initiated the process of reviewing the Pension Reform Act (PRA) 2014 in order to address identified challenges and public clamour. A statement by the Head, Corporate Communications Department,…