Home Topics PENCOM

PENCOM

Police retirees groan over delayed pension payment

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.

Data recapturing to protect pensioners from cybercrime – coy

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.

Pension contributors Inject N21 billion Into PenCom assets fund

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.

Pencom holds verification, enrolment exercise for retiring federal workers

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.

MTN appoints ex-minister, ex-revenue chief, ex-NBA president as board members

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.

NDIC begs Senate over speedy passage of amended Act

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.
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.

Pencom: States fail to remit N3.4 billion deducted from workers’ pay

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.

Pencom: Over N3.4 billion deducted from workers’ pay as pension un-remitted

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.

Pencom commences verification of year 2020’s retirees July 1

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.

PenCom to begin verification of workers retiring 2020

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.
President Muhammadu Buhari on Thursday met behind closed doors with the Liberian President, George Weah.

Workers task President Buhari on pension payments

Some Federal Government workers on Monday urged President Muhammadu Buhari to give priority to timely payment of pensions and gratuities to retirees.

PenCom organises pre-retirement workshop in Gombe

The National Pension Commission (PenCom) on Monday in Gombe, organised a pre-retirement workshop for prospective retirees who are due to retire in 2020 under the Contributory Pension Scheme (CPS).
Chinelo Anohu-Amazu

House of Rep summons ex-PenCom chief

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.

Expert seeks increased awareness on multi-fund investment structure

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.

PenCom loses confidence in House of Reps committee leadership

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.

Pencom, NIMASA, CBN shine at Enugu trade fair

The 30th Enugu International Trade Fair which ended on Monday in Enugu actually depicted the state of the nation’s economy with the absence of big manufacturing concerns and other key players in the private sector.

PTAD: Federal government spent N79.2 billion on monthly pension in 2018

The Federal Government in 2018 spent a total of N79.2 billion on the payment of monthly pensions to pensioners.

PenCom targets 30 million informal workers in new scheme

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.

Recent Stories

Kogi guber: Yakubu Mohammed obtains APC nomination form

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.

Victor Moses scores in Fenerbahce 5-0 thrashing of Gaziantep

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.
Nigeria's Diezani Alison-Madueke, Minister of Petroleum Resources and Alternate President of the OPEC

Former minister kicks as EFCC seeks final forfeiture of N14 billion jewellery

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.

Ayo Ogunsusi: Nigerian squash now recognised

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.

ICPC arrests 37 FRSC officers, 5 others for extortion

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.