Exemption of paramilitary from CPS to create bleak future for security personnel

Leave a comment and share Chuks Udo Okonta At a time the nation is battling with paucity of funds to meet enormous existing needs of her citizenry, some members of the National Assembly who should have align with the government to suggest ways of raising revenue, are pushing bills to increase its financial burden by […]

Bills threaten N6.5trn pension funds

Leave a comment and share Chuks Udo Okonta Contributed Pension funds which currently stand at N6.5 trillion is faced with threats of depletion due to multiple Bills sponsored by some individuals at the National Assembly, Inspen can report. According to pension industry regulator, National Pension Commission (PenCom) and the umbrella body of pension operators, Pension […]

Lagos State Government extols retired Ogunnaike

From left: Commissioner of the Ministry of Establishments, Training and Pensions, Dr. Akintola, Benson and retired Permanent Secretary of the Ministry, Mrs. Folasade Oluwatosin Ogunnaike at the event. Leave a comment and share Chuks Udo Okonta The Lagos State Government has celebrated the retirement of its Permanent Secretary, Ministry of Establishments, Training and Pensions Mrs. […]

How pension lump sum is determined – PenOp

Executive Secretary Pension Fund Operators Association of Nigeria, Ms Susan Oranye (5th left); Chief Marketing Officer, Premium Pension Limited Kabir Tijjiani; President, National Association of Insurance and Pension Correspondents, Mrs Omobola Tolu-Kusimo and members of NAIPCO at the event. Leave a comment and share Chuks Udo Okonta Contrary to claims by some individuals that Pension […]

Lagos State pays N515m to 252 retirees

Ambode Leave a comment and share Chuks Udo Okonta The Lagos State Governor, Akinwunmi Ambode, has urged retirees not to put their retirement money into ventures they could not manage. A statement by Mrs Ajoke Lawal of Public Affairs Unit, Lagos State Pension Commission (LASPEC) said the Governor, who was represented by the Commissioner, Lagos […]

75% lump sum proposal destroys essence of pension – Etaduovie

Etaduovie Leave a comment and share Chuks Udo Okonta The proposal before the National Assembly seeking the payment of 75 per cent of retirees pension benefits as lump sum at retirement destroys the very essence of pension, the Managing Director, IEI Anchor Pension Limited, Glory Etaduovie, has said. He disclosed this at the Annual General […]

Premium Pension grows AUM to over N487bn

From left: Premium Pension Limited South West Regional Manager, Mr. Fatai Olufeso receiving a copy of NAIPCO Trumpet Magazine from the President of National Insurance and Pension Correspondents( NAIPCO ), Mrs. Omobola Tolu- Kusimo at the event. Leave a comment and share Chuks Udo Okonta Premium Pension Limited has said its Asset Under Management (AUM) […]

IEI Anchor Pension repositions for growth with over N62bn AUM

From left: Customer Relationship Officer, IEI Anchor Pension Limited, Kelly Etaifo; Head Business Development & Strategy, Mrs Jolaade Oduntan; Manager for Branch, Mrs Amina James-Louis and President, National Association of Insurance and Pension Correspondents, Mrs Omobola Tolu-Kusimo at the event. Leave a comment and share Chuks Udo Okonta IEI Anchor Pension Limited says it has […]

Brazilian judge seizes $2.8 million in Silva’s pension funds

SAO PAULO (AP) ” A judge in Brazil on Thursday ordered the seizure of more than $2.8 million in pension funds from former President Luiz Inacio Lula da Silva in connection with his corruption conviction. The funds were in one of Silva’s individual accounts and in another linked to his company LILS, which administers assets […]

PenCom’s 2017 pre-retirement workshop ends

Leave a comment and share Chuks Udo Okonta The National Pension Commission has successfully conducted the 2017 Pre-Retirement workshop targeted at staff of Ministries, Departments and Agencies (MDAs) who are due to retire between January and December 2018. The Head, Corporate Communications Department PenCom, Emeka Onuora, said the workshop which was meant to educate participants […]
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