News

In 2022, PenCom said new retirees who were entitled to less than N10,000 monthly pension at retirement could take the total money in their RSAs. PenCom reviewed its regulation on enbloc payment to ...
The National Pension Commission has announced plans to ensure a living wage for retired low-income earners, following the Federal Government’s approval of a N758bn pension bond to clear all ...
This, PenCom said, was in response to the Licensed Pension Fund Operators (LPFOs) to address concerns raised by contributors and retirees on the voluntary contributions.
By Victor Ahiuma-Young National Pension Commission, PenCom, has released list of eligible intending retirees for the online verification exercise, which commences September 1, 2021.
By Victor Ahiuma-Young The National Pension Commission, PenCom, has hinted of its plan to rejig the informal pension scheme, commonly known as Micro Pension Plan, MPP, to address the challenges ...
PENCOM want to use, for their investment, the money the pensioners suffered to save compulsorily during their service year and which they hoped to enjoy immediately after they retire.” ...
The National Pension Commission (PenCom) has inaugurated the Pension Industry Non-Interest Advisory Committee (PINAC) to enhance the development of non-interest pension funds in Nigeria.Speaking ...
PenCom said the money would be used to partially settle unpaid accrued pension rights for retirees of federal government treasury-funded Ministries, Departments and Agencies (MDAs) under the ...
National Pension Commission (PenCom) has announced the recovery of ₦1.58 billion from defaulting employers through enhanced enforcement efforts. This information was shared by the Director ...
PenCom said despite continuous engagement and enforcement measures, a significant number of employers remain non-compliant with the legal obligation.
Some Nigerians have petitioned President Muhammadu Buhari over alleged recruitment scandal in the National Pension Commission (PENCOM). In a letter dated June 1, 2018 and addressed to Abba Kyari ...