Pension

Pension

91,499 RSA holders join CPS in four months

Mrs. Aisha Dahir-Umar Leave a comment and share Chuks Udo Okonta More Workers have continued to embraced the Contributory Pension Scheme (CPS) as 91,499 Retirement Savings Account (RSA) holders were registered by the Pension Fund Administrators (PFAs) in four months ranging from January to April 2021. Data obtained from the […]

Pension

PTAD begins payment of consequential pension increment

Dr. Chioma Ejikeme Leave a comment and share Chuks Udo Okonta The Pension Transitional Arrangement Directorate (PTAD) has commenced payment of consequential adjustment to pensioners under Defined Benefit Scheme (DBS). A statement by the Head, Corporate Communications, PTAD, Olugbenga Ajayi, said this is in fulfilment of the Executive Secretary, PTAD, […]

Pension

N14.78bn transferred by 12,681 displeased RSA holders in Q1 2021

Director-General National Pension Commission Aisha Dahir-Umar Leave a comment and share Chuks Udo Okonta Retirement Saving Account (RSA) holders are really expressing their displeasure with performances of some Pension Fund Administrators (PFAs) as 12,681 of them transferred N47,778,631,048.65 to new operators whom they believed would serve them better. Data obtained […]

Pension

12,681 aggrieved RSA holders switch PFAs as at March

Director General, PenCom, Mrs. Aisha Dahir-Umar Leave a comment and share A total number of 12,681 Retirement Saving Account (RSA) holders have transferred their funds from their former Pension Fund Administrators (PFAs) to new operators as at the end of March 2021, the National Pension Commission (PenCom) has said. A […]

Pension

Pension fund assets rebound soared to N12.34tn in March

Mrs. Aisha Dahir-Umar Leave a comment and share Chuks Udo Okonta The pension fund assets has rebounded gaining about N100 billion as at the month of March 2021, moving from N12.24 trillion in February to N12.34 trillion. According to the National Pension Commission (PenCom) in its unaudited report of pension […]

Pension

PenCom clears 15,418 employers to seek FG’s jobs

PenCom’s Director-General, Aisha Dahir-Umar Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) had as at May 10, 2021, issued compliance certificates to 15.418 employers who want to do business with the federal government. PenCom stated this on a publication entitled: Schedule of employers issued with […]

Pension

PenOp partners AVCA to develop private equity in Nigeria

Leave a comment and share Chuks Udo Okonta Pension Fund Operators Association of Nigeria (PenOp) has partnered the African Private Equity and Venture Capital Association (AVCA) to empower local investors and develop private equity (PE) as an asset class in Nigeria. Speaking about the partnership, the Chief Executive (CEO), Pension […]