Reps PenCom probe chairman steps down over pressure

PenCom management team at the probe By Dele Anofi The investigation of Chairman of the House of alleged misappropriation of N9 trillion by the National Pension Commission (PenCom) by the House of Representatives claimed its first casualty on Thursday. Chairman of the ad-hoc Committee Johnson Agbonnayinma stepped down his position, claiming external and internal pressure […]

Only FCT, Kaduna State have group life insurance for workers

Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has stated that the Federal Capital Territory (FCT) and Kaduna State workers are the only state workers covered by group life insurance policy. PenCom disclosed this in a document published on its website, entitled, ‘Status of Implementation of the Contributory Pension Scheme […]

PenCom assures micro pension subscribers of effective service delivery

Aisha Dahir-Umar Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has said its objective towards the implementation of the micro pension plan is to ensure efficiency and effectiveness in service delivery as well as transparency and accountability in the administration of the product by licensed pension operators. The Commission’s Acting […]

Lagos State pays N1.1bn, issues smart identification cards to retirees

Mrs. Onanuga (right) presenting the card to a retiree Leave a comment and share Chuks Udo Okonta Lagos State Government on Friday, April, 2, 2019, scored another plus in Pension Scheme Administration in the Country by being the first State Government to issue Electronic Identification Cards to retirees under the Contributory Pension Scheme (CPS) A […]

N9trn Pension fund: Reps threaten to issue bench warrant on PFAs

House of Representatives threatens to issue a bench warrant to compel Pension Fund Administrators to appear before its ad hoc committee if they fail to attend the public hearing on April 4 . Rep Johnson Agbonayinma (APC – Edo ), Chairman , Ad hoc Committee to Investigate the Activities of National Pension Commission and its […]

A, B, C of Micro Pension Plan

Leave a comment and share Chuks Udo Okonta The National Pension Commission Pension (PenCom) has said the Micro Pension Plan ( MPP) was designed to fit the peculiarities of the informal sector groups. The Acting Director-General, PenCom, Mrs. Aisha Dahir-Umar, who stated this at the launch of the plan in Abuja, noted that PenCom had […]

Updated: Buhari launches multi-trillion micro pension plan

President Buhari (2nd left); followed by Acting Director-General, PenCom, Mrs. Aisha Dahir-Umar and other dignitaries at the event. * Pension fund soars above N8.74 trillion Leave a comment and share Chuks Udo Okonta President Muhammadu Buhari has launched the micro pension plan for self-employed Nigerians, which is expected to attract over N3 trillion to the […]

Buhari to launch micro pension plan on Thursday

Buhari Leave a comment and share Chuks Udo Okonta As part of the initiatives to bring financial inclusion to all working Nigerians, the President of the Federal Republic of Nigeria , Muhammadu Buhari will launch the Micro Pension Plan (MPP) on Thursday March 28,2019 at the State House in Abuja. A statement by PenCom’s Head, […]

How pension assets increased by N2.4tn in two years – PenCom

Mrs. Aisha Dahir-Umar Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has attributed the increase of pension assets from N6.42 trillion as at the end of March 2017 to N8.63 trillion as at December, 2018, a growth of N2.4 trillion (37.4 per cent) majorly to enforcement of compliance. According to […]

Premium Pension appoints Prof. Ofo as independent director

Prof. Ofo Leave a comment and share Chuks Udo Okonta As part of its strategy to provide excellent services and propel the Company to greater heights, the The Board of Premium Pension Limited has appointed Professor Nat Ofo as an Independent Director, which is in line with the firm’s strategy to provide excellent services and […]
Copyright © 2019 inspenonline · All rights reserved · Copyright 2015 Inspen Media designed by bdeweb@+2348027237838