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Contributory Pension Scheme

PenCom: Federal government borrowed N6.1 trillion from pension assets

The Federal Government has borrowed about N6.16 trillion out of the N8.49 trillion pension assets under the Contributory Pension Scheme.

PenCom: Pension funds hit N8.45 trillion

Latest operational report from the National Pension Commission (PenCom) has revealed that Nigeria’s Pension Assets under the Contributory Pension Scheme (CPS) now stands at N8.45 trillion.
Lagos Akinwunmi Ambode

Lagos pays N166 billion into contributory pensions account

Lagos State has funded its employees’ Retirement Savings Accounts (RSAs) under the Contributory Pension Scheme (CPS) with N166 billion in the last 11 years, Governor Akinwunmi Ambode has said.
Some civil servants in Abia on Monday commended the State Government for prompt payment of their December salaries and pensions.

Payment of December salaries, pension excites Abia workers

Some civil servants in Abia on Monday commended the State Government for prompt payment of their December salaries and pensions.

Federal government to release N4 billion as pension for professors, permanent secretary

The Federal Government is set to release N4bn to kick-start the payment of full salaries as minimum pensions for some categories of retirees under the Contributory Pension Scheme.
President Muhammadu Buhari has lauded Nigerians for curbing excessive taste for foreign products, which has positioned the country for food self-sufficiency, and resulted into savings of over $21 billion.

[email protected]: Why we love this President

“That’s him, that’s him,” the two old women, wrinkled and bent with age, exclaimed. You could see wonderment and fulfillment in their eyes. And as if on cue, they both began to cry.

Lagos government to fast-track pension payment to retirees with terminal ailments

The Lagos State Government says it will henceforth fast-track the payment of gratuity and pension to retirees living with terminal diseases.
President Muhammadu Buhari has lauded Nigerians for curbing excessive taste for foreign products, which has positioned the country for food self-sufficiency, and resulted into savings of over $21 billion.

Pensioners: Muhammadu Buhari unparalleled in contributory pension scheme

Retirees, under the auspices of Nigeria Union of Pensioners, Contributory Pension Scheme Sector (NUPCPS), have written to President Muhammadu Buhari, applauding his administration as the best they have seen in 14 years of the pension scheme.
President Muhammadu Buhari has lauded Nigerians for curbing excessive taste for foreign products, which has positioned the country for food self-sufficiency, and resulted into savings of over $21 billion.

Pensioners write commendation letter to Muhammadu Buhari

Retirees under the aegis of Nigeria Union of Pensioners Contributory Pension Scheme Sector (NUPCPS) have written to President Muhammadu Buhari, applauding his administration as the best in 14 years of the pension scheme.

Lagos to fast-track pension payment to retirees with terminal ailments

The Lagos State Government says it will henceforth fast-track the payment of gratuity and pension to retirees living with terminal diseases.

Kano government inaugurates technical committee on contributory pension scheme

The Kano State Government has inaugurated a 12-member Technical Committee on the State Contributory Pension Scheme.

Retired Police officers seek federal government intervention over nonpayment of gratuity

Retired Police Officers captured under the National Pension Commission have appealed to the Federal Government to direct the appropriate authorities to pay their gratuities and alleviate their suffering.

Edo government to reward hardworking civil servants

The Edo State Governor, Mr. Godwin Obaseki, has said his administration will on November 1, reward productivity among civil servants, especially those who have continued to demonstrate commitment to discharging their duties.

PenCom recovers over N465m from defaulting employers in Q2

The National Pension Commission (PenCom) said it recovered a total of N465.02 million as outstanding pension contributions from defaulting employers in the second quarter of 2018, Q2’18.

PenCom: Employees can make non-obligatory voluntary contributions into their RSAs

The National Pensions Commission says that employees can make Voluntary Contributions into their Retirement Savings Account besides mandatory pension contributions.

PenCom commences radio programme

In a bid to further enlighten the public on the Contributory Pension Scheme, the National Pension Commission (PenCom) unveiled a radio programme titled “Retirement Mata” at the weekend.

PenCom unveils guidelines on voluntary contribution

The National Pension Commission (PenCom) has released official guidelines on voluntary contributions into the Contributory Pension Scheme (CPS).

PenCom issues guidelines on Voluntary Pension Contributions

The National Pension Commission (PenCom) has issued new guidelines to regulate the operation of Voluntary Pension Contributions (VPC) under the Contributory Pension Scheme (CPI).

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