People-friendly products essential for micro pension sector – IEI Pension boss

Etaduovie Leave. Comment and share Chuks Udo Okonta The development of people-friendly products will help attract and accommodate individuals in the micro pension sector, the Managing Director, IEI-Anchor pension Fund Managers Limited, Glory Etaduovie, has posited. He stated this in a paper entitled, Micro Pension – A Further Tool of Financial Inclusion, adding that IEI-Anchor […]

Pension Act violation: Allegations false, unfounded – PenCom Boss

From left on front roll: Secretary/Legal Adviser, National Pension Commission (PenCom), Sani Muhammad; Acting Director General, Mrs. Aisha Dahir-Umar; Head, Benefits & Insurance Department, Mrs. Ekanem Aikhomu; Deputy General Manager, Human Capital Management Department, Mrs. Hadiza Wali-Oniyangi; Office of the Head of the Civil Service of the Federation, Alfred Abah; President of Nigeria Labour Congress,Ayuba […]

Lagos State pays N817.73m pension accrued rights to 138 retirees

Ambode Leave a comment and share Chuks Udo Okonta The Lagos State Government at the 59th Retirement Benefit Bond Certificate Presentation held on Thursday, 31st January, 2019 at the Lagos State Pension Commission (LASPEC) Office Complex, NECA House, Ikeja paid accrued pension rights of N817, 739 million into the Retirement Savings Accounts of138 retirees of […]

PenCom, SMEDAN pursue seamless implementation of micro pension plan

Acting Director General, National Pension Commission, Hajia Aisha Dahir-Umar Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) and Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) joint Technical Committee on effective implementation of the Micro Pension Plan is assiduously working out measures to ensure seamless takeoff of the initiative, […]

PenCom grants payment of N98.28bn to disengaged employees with RSA

Acting Director General, National Pension Commission, Hajia Aisha Dahir-Umar Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) says a total of N98.28 billion has been paid by the Pension Fund Administrators (PFAs) to 289,126 employees for temporary loss of job, since inception of the Contributory Pension Scheme (CPS), being 25 […]

PenCom grants licence to Nigerian University Pension Management Company

Acting Director General, National Pension Commission, Hajia Aisha Dahir-Umar (5th from left) handing over licence to the delegation. Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has approved the issuance of a licence to Nigerian University Pension Management Company Limited (NUPEMCO) to carry out the business of a Pension Fund […]

PenCom on the Radio debuts tonight

Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) will by 8:00 PM today Monday, January 28, 2019 commenced a radio program aimed at educating the public on the workings of the Contributory Pension Scheme (CPS) According to the Head, Corporate Communications Department, PenCom, Peter Aghahowa, the 30 minutes weekly program […]

Pension assets soar to N8.50tn, as insurance industry remits over N426.36m in 2018

Ag. Director General, Mrs. Aisha Dahir-Umar Leave a comment and share Chuks Udo Okonta Pension assets have soared to N8.50 trillion as at November 2018, even as six underwriting and 17 broking firms contributed and remitted over N426.36 million for their employees in 2018. The National Pension Commission (PenCom) stated this on its summary of […]

PenCom wins 2018 outstanding regulator award

From left: Enugu State Commissioner for Works and Infrastructure Development, Engineer Greg Nnaji; Secretary /Legal Adviser, National Pension Commission, Muhammad Sani Muhammed; Head, Corporate Communications Department, Peter Aghahowa and Principal Manager, South West Zonal Office, Akinsola Adeseun at the event. Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has been […]

PenCom set to launch micro pension plan

Mrs. Aisha Dahir-Umar Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) is set to launch the micro pension plan very soon, Inspenonline has learnt. The planned scheme is expected to attract over 20 million workers and N3 trillion to the pension assets. With total pension assets as at October, 2018 […]
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