Kindly leave a comment and share Chuks Udo Okonta Pension Fund assets has continued to gain traction as it stood at N17.07 trillion as at July 31, 2023, Inspenonline can report. The National Pension Commission (PenCom) in its unaudited report on pension funds industry portfolio for the period ended July […]
Pension
PenCom kicks against use of touts, agents for obtaining pension clearance certificates
* 4,487 pension clearance certificates issued in Q1 2023 Kindly leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has said it is illegal for employers and companies to use touts and agents to obtain the pension clearance certificates (PCC). A statement issued by PenCom today, […]
Milestones put in place by National Pension Commission towards full implementation of contributory pension scheme
By Ivor Takor mni Esq In Nigeria, the first public sector pension scheme was the Pension Ordinance of 1951, with retrospective effect from 1st January, 1946. The law provided public servants with both pension and gratuity. Pension Decrees 102 and 103 (1979) were enacted for public service and military respectively, […]
Access Pensions surpasses N1tn assets under management milestone
Kindly leave a comment and share Chuks Udo Okonta Access Pensions Limited, a subsidiary of Access Corporation, has achieved an astonishing feat, surpassing the N1 trillion mark in assets under management (AUM). In an impressive trajectory, the Company – which emerged from the business combination of Sigma Pensions and First […]
How you can earn retirement benefits payments from both annuity and programmed withdrawal
Kindly leave a comment and share Chuks Udo Okonta Many workers at the point of retirement get trapped in dilemma of choosing either annuity or programmed withdrawal as best monthly benefits payments. But recent events in the country have shown that both have limitations. Owing to the emerging limitations occasioned […]
How to run successful personal business before retirement
Kindly leave a comment and share Chuks Udo Okonta With over 90 per cent retirees seeking fresh employments after retirement, because they are still strong and have more bills to carter for, it is therefore, necessary that you establish a personal business while you work. Life in retirement in a […]
Exposing State Governments’ status of implementation of CPS for their employees part 7
By Ivor Takor We have been exposing State Governments’ status of implementation of the Contributory Pension Scheme (CPS) in alphabetical order. Today we will be exposing the status of implementations of Gombe, Imo and Jigawa States. GOMBE STATE The state enacted the Gombe State Contributory Pension Scheme Law in 2006. […]
Know your rights, responsibilities as pension consumer
* Call PenCom with 07066924512 Kindly leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has once again spotlighted the rights and responsibilities of pension consumers. According to PenCom, major consumers in the pension industry are: Employers (Public & Private Sectors) and Retirement Savings Accounts holders […]
Forum of Pension Desk Officers elects Peter Nze National Chairman
Kindly leave a comment and share Chuks Udo Okonta The Forum of Pension Desk Officers (FOPDOs) of Federal Ministries, Departments and Agencies (MDAs) has elected Sir, Peter Nze as its National Chairman. The group also elected other 16 members into the National Executive Council (NEC). This was contained in a […]
IPEN, LCCI partner to enhance insurance, pension service delivery
Kindly leave a comment and share Chuks Udo Okonta As part of its strategic stakeholders engagements aimed at educating and ensuring that Nigerians get robust service delivery from insurance and pension sectors, Insurance and Pension Editors of Nigeria (IPEN) would be working with the Lagos Chamber of Commerce and Industry […]