Leave a Comment Chuks Udo Okonta The Pension Fund Operators Association of Nigeria (PenOp) in partnership with selected Non- Government Organisations (NGOs) have given Corporate Social Responsibility (CSR) in Nigeria a boost as about 1000 elderly people have been targeted to receive free treatment for various levels of ailments in […]
Pension
We approved four more PFAs to create options for employees – Ambode
Leave a Comment Chuks Udo Okonta The Lagos State governor, Akinwunmi Ambode, has said his administration approved four more Pension Fund Administrators to boost the state’s pension processes and accord staff a wider range of options. Ambode, who spoke Tuesday at a town hall meeting in Abesan, in Lagos West […]
Nigeria needs to embrace change, plan for the future – Chief British economist Gerard Lyons
Leave a Comment Chuks Udo Okonta The second edition of the World Pension Summit ‘Africa Special’ (WPS-AS) kicked off in Abuja, Nigeria today with a welcome address from Chinelo Anohu-Amazu, Director General of PenCom, and a keynote speech from chief economist and global economic adviser, Dr. Gerard Lyons, amongst others. […]
Pension assets hit N5tn – DG PenCom
Leave a Comment Chuks Udo Okonta The Director-General National Pension Commission (PenCom) Mrs Chinelo Anohu-Amazu, on Monday said pension Contributed by Retirement Savings Account (RSA) holders had risen to over N5 trillion. Anohu-Amazu disclosed this while speaking at the second edition of the World Pension Summit, Africa Special, held in […]
Anohu-Amazu: PRA Now Allows Contributors with Sufficient RSA Balances to Own Homes through Mortgages
For the first time ever, the world pension regulators and professionals will gather in Nigeria tomorrow to discuss sustainable ways of managing pension funds. The Director-General, National Pension Commission (PenCom), Chinelo Anohu-Amazu, in this interview with Kunle Aderinokun, Associate Editor, points out the highpoints of the event. Anohu-Amazu also addresses […]
PenOp unveils new executives
The Pension Fund Operators Association of Nigeria (PenOp) has unveiled new executives to drive its activities. The association said the executives were elected at its Annual General Meeting, which was held in Lagos recently. A statement by the association said the Managing Director, AIICO Pensions, Eguarekhide Longe, was elected as […]
Military Pension Board Allays Fears Of Mishap In Forthcoming Verification Exercise
The Chairman, Military Pensions Board, AVM Muhammed Dabo, has allayed fears of any mishap in the forthcoming military pension verification exercise scheduled to hold in designated centres between Oct. 6 and Oct. 20. Dabo said this in Abuja on Friday while briefing newsmen on the forthcoming verification exercise for military […]
Six states remit N34bn into RBBRF accounts
Leave a Comment Chuks Udo Okonta Six states have remitted N34 billion into their Retirement Benefit Bond Redemption Fund Accounts (RBBRFAs) the National Pension Commission (PenCom), has said. The commission in a report, said as at the end of first quarter this year, Lagos State had remitted N10 billion; Ogun, […]
Longe now PenOp’s Chairman
Leave a Comment Chuks Udo Okonta The Managing Director AIICO Pension Managers Limited Eguarekhide Longe, today emerged the Chairman of the Pension Fund Operators Association of Nigeria (PenOp). He was elected into the position at the association’s annual general meeting in Lagos. He is taken over the mantle of leadership […]
Retirees brace for hardship as multi-employer pension cuts loom
Of all the negative financial surprises that can hit in retirement, learning a “guaranteed” pension could be severely cut is among the worst. As the Treasury Department recently held a hearing on implementing a new law that allows pension cuts in troubled multi-employer pension plans covering about 10 million workers, […]
