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Police retirees under the Contributory Pension Scheme (CPS), supervised by the National Pension Commission (PenCom) are now lamenting over undue delay in the remittance of their accrued benefits said to have accumulated for over one year.
Managing Director and Chief Executive Officer, IEI-Anchor Pension Managers Limited, Mr. Glory Etaduovie, has said that the ongoing data recapturing exercise of pension contributors and retirees by the Pension Fund Administrators, PFAs, nationwide will protect pension clients against cyber crime and other fraudulent intents and activities.
This was revealed by the National Pension Commission (PenCom) in its monthly report on summary of pension fund assets and Retirement Saving Account (RSA) registration published on its website.
The National Pension Commission (PenCom) on Monday continued its 2019 verification and enrolment exercise for employees of Federal Government Treasury-Funded Ministries, Departments and Agencies (MDAs) due to retire between January 1 and December 31, 2020.
Telecommunications firm, MTN, has notified the Nigeria Stock Exchange of a substantial change in its board structure. Pioneer board chair, Pascal Dozie, is stepping down along with five other directors.
The Managing Director and Chief Executive Officer of the Nigeria Deposit Insurance Corporation (NDIC), Umaru Ibrahim, has appealed to the 9th Senate for the speedy passage of the pending NDIC Act, 2006 (as amended) currently before the National Assembly.
The acting Director-General of National Pension Commission, Mrs Aisha Dahir-Umar, has alleged that some of the 36 states operating the Contributory Pension Scheme refused to remit about N3.4 billion pension contributions deducted from their workers monthly remunerations into their respective Retirement Savings Accounts (RSAs) with their Pension Fund Administrators (PFAs).
Some of the states operating the Contributory Pension Scheme refused to remit about N3.4bn pension contributions deducted from their workers monthly remunerations into their respective Retirement Savings Accounts with their Pension Fund Administrators, so says the acting Director-General, National Pension Commission, Aisha Dahir-Umar.
The Acting Director-General of the Commission, Mrs Aisha Dahiru-Umar, said the commission would conduct verification exercise of prospective retirees who would retire from public service in the year 2020 between 1 July and 2 August 2019.
The Pension Commission of Nigeria (PenCom) finalised arrangements to commence the verification of prospective retirees who would be retiring in 2020 from the public service.
The House of Representatives, holding a public hearing on allegation of abuse, breach and violation of the Public Procurement Act 2007 by the National Pension Commission in its procurement activities covering October 2014 to March 2017, has again asked a former boss of the commission, Chinelo Anohu-Amazu, to appear before it.
A Chartered Insurer and former Managing Director of Linkage Assurance Plc, Dr. Pius Apere, has kicked against the multi-fund investment structure introduced last year by the National Pension Commission (PENCOM), stressing that the Pension Fund Administrators (PFAs) have not created enough awareness on the initiative.
The National Pension Commission (PenCom) has declared loss of confidence in the leadership of the House of Representative ad-hoc committee set up to investigate its activities.
The Federal Government in 2018 spent a total of N79.2 billion on the payment of monthly pensions to pensioners.
The National Pension Commission (PenCom), says it is targeting no fewer than 30 million Nigerians in its Micro Pension Plan (MPP) within the next five years.
A veteran journalist and former Pro-chancellor of Ahmadu Bello University, Alhaji Yakubu Mohammed, has obtained the Nomination and Expression of Interest Form of the All Progressives Congress (APC) to contest the governorship primary in Kogi State.
Nigeria winger Victor Moses scored and also bagged an assist as Fenerbahce thrashed Gazisehir Gaziantep 5-0 in their Turkish Super Lig clash at the Sukru Saracoglu Stadium on Monday evening.
A former Petroleum Resources Minister, Mrs Diezani Alison-Madueke, has urged the Federal High Court in Lagos to refuse an application by the Economic and Financial Crimes Commission (EFCC) seeking the final forfeiture of her 2,149 pieces of jewellery and a customised golden iPhone.
The Chairman of the Squash Section of the Lagos Country Club, Barrister Ayo Ogunsusi, has expressed his delight with the level of professionalism exhibited at the just concluded 15th edition of the Cargolux Merchant Express International Squash Tournament.
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has arrested 42 highway extortionists, made up of 37 officials of the Federal Road Safety Corps (FRSC) and their accomplices.
German police issued an appeal on Wednesday for witnesses who might have filmed a fatal weekend attack by two drunk men on an endangered capercaillie in the Black Forest village of Feldberg.
A volunteer ambulance driver was killed in Myanmar’s remote northeast as clashes between the army and ethnic insurgents escalated over the weekend, state media reported Sunday.
Three robbers operating in Ogun Long Bridge, Isheri, Ojodu - Berger and Agidingbi, Ikeja were yesterday arrested by the operatives of the Lagos State Rapid Response Squad (RRS) and two android phones which they had robbed were retrieved from them.
The Nigerian Content Development and Monitoring Board (NCDMB) has urged the ninth Assembly to continue with effort to extend the Nigerian Content Act to other critical sectors of the economy.
Aris Thessaloniki was not only ousted by Norwegian side Molde in UEFA Europa League qualifying action on Thursday, but also lost all of their proceeds from the match.