With just two months after the effective take off of the newly introduced Multi-Fund Structure by the National Pension Commission (PenCom), the contributions under the watch of the institution has risen to N8.34 trillion as at September 30, from N8.04 trillion at the end of March 2018.   Already, PenCom has attributed the quantum leap in…

Despite the different strategies employed by the National Pension Commission (PenCom) to persuade and encourage state governments in Nigeria to comply to the provisions of the Pension Reform Act...

National Pension Commission (PenCom) has developed the Enhanced Contributor Registration System (ECRS) to facilitate the enrolment of participants in the Micro Pension Scheme when the scheme is rolled out, according to Mrs. Aisha Dahir-Umar, acting director-general of the commission. Dahir-Umar who spoke in Calabar said the ECRS was developed to clean-up data in the Contributory…

As the nation grapples with the issue of Skye Bank takeover, the bank’s shareholders, University Dons, Professors Franklin Ngwu and Uche Uwaleke...

The National Pension Commission (Pencom) has lamented the assessed inconsistency of state governments in complying with the Contributory Pension Scheme (CPS), which it said, is currently causing hitches in actualising some of the objectives of the scheme.

The news that the Federal Government has begun the payment of 408 active staff/next-of-kins (NOKs) of the defunct Power holding company of Nigeria (PHCN)...

The National Pension Commission (PenCom) has disclosed that the Micro Pension Scheme which the Federal Government recently approved its operational guidelines...

The National Pension Commission (PenCom), has announced a total recovery of N14.76 billion by Recovery Agents (RAs) to date.The Commission said the entire amount, which comprises principal contribution of N7.53 billion, and penalty of N7.23 billion, has been credited to the workers Retired Saving Accounts (RSAs).

Intellectual Young Leaders Network (IYLN) has threatened to sue the National Pension Commission (PenCom) if pensioners’ welfare is not prioritised at the end of next month.

Mrs. Aisha Dahir-Umar is the Acting Director-General of the National Pension Commission (PenCom). Despite acclaimed achievements with the Contributory Pension Scheme (CPS), the industry...

Retirees across the country have confirmed that they are yet to receive complete payment of the 33.3 per cent pension arrears, meant for Federal Government pensioners under the Defined Benefit Scheme (DBS), by the Pension Transitional Arrangements Directorate (PTAD).

First Quarter (Q1) E 2018 report released by the National Pensions Commission (PenCom), has shown a promising future for the industry following growth in the microeconomic sections in different sectors of the economy. According to PenCom, the pension industry recorded a 1.93 per cent growth in membership in Q1, up from 7.89 million contributors at…