By; Ivo Takor, mni Esq. Introduction Comfort in old age is not a luxury — it is a basic necessity that defines the quality of life for our elders. As physical strength declines and emotional needs deepen, providing a supportive environment becomes crucial. Ensuring physical ease, emotional warmth, mental stimulation, […]
Pension
PenCom moves to recover N1.3bn unpaid pension contributions for journalists from newspaper organisations
Kindly leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has stated that newspaper organisations are owing over N1.3 billion in unpaid pension contributions for journalists. This was disclosed by the Director-General of PenCom, Ms. Omolola Oloworaran, who led a delegation to the Nigerian Press Council […]
PenCom partners NERC on recovery of unpaid pension contributions from GENCOs, DISCOs
Kindly leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has enlisted the support of the Nigerian Electricity Regulatory Commission (NERC) to prevail on electricity Generation Companies (GENCOs) and Distribution Companies (DISCOs) to settle unpaid pension contributions for their employees. During a courtesy visit on April […]
Leadway Pensure wins 2025 West African Service Excellence Awards
Kindly leave a comment and share Chuks Udo Okonta Leadway Pensure, a leading Pension Fund Administrator in Nigeria, has again emerged as a standard bearer of excellence, clinching the prestigious West Africa Pension and Lifestyle Company of the Year at the 14th edition of the West Africa Innovation Awards. This […]
Ondo State Government eyes pension funds for infrastructural development
Kindly leave a comment and share Chuks Udo Okonta Governor Lucky Aiyedatiwa has said Ondo State is exploring opportunities to leverage pension funds for infrastructural development in the state. The Governor made the revelation on Tuesday, April 15, 2025 when he received a delegation from the National Pension Commission (PenCom) […]
PenCom DG to IMF: N5.51tn pension investment boosting Nigeria’s real sector growth
Kindly leave a comment and share Chuks Udo Okonta The Nigerian pension industry has committed a total of N5.51 trillion to asset classes that support long-term financing for real sector growth. These investments span infrastructure, private equity vehicles, real estate, and subnational infrastructure initiatives, among others. The Director General of […]
Leadway Pensure identifies why you should embrace additional voluntary contributions
Kindly leave a comment and share Chuks Udo Okonta Leadway Pensure, a leading Pension Fund Administrator (PFA) in Nigeria, has reiterated its commitment to securing the financial future of Nigerians by highlighting the benefits of Additional Voluntary Contributions (AVC). This was emphasised during an interactive webinar hosted by the company, […]
PenCom sets June 1, 2025 as deadline for employers to adopt new remittance process
Kindly leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has officially launched its new Pension Contribution Remittance System, a platform designed to optimise the process of remitting pension contributions into employees’ Retirement Savings Accounts (RSAs) and has set June 1, 2025 as the deadline for […]
Premium Pension grows Assets under Management to N1.34tn, pays N2.20 dividend
Kindly leave a comment and share Chuks Udo Okonta Premium Pension Limited, a leading Pension Fund Administrator (PFA) in Nigeria, marked a major milestone as it held its 20th Annual General Meeting (AGM) at the One Trillion Suite of its Head Office Complex. The event, attended by distinguished shareholders, esteemed […]
PenCom charges Akwa Ibom, Borno, Kwara, Plateau, Cross River, Yobe to commence implementation of CPS
Kindly leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has called on all states and local governments to implement the Contributory Pension Scheme (CPS) for a pension-secure Nigeria. The Pension Reform Act (PRA) 2014, in Section 2(1), stipulates that the CPS applies to all public […]