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, […]
Pension
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 […]
PenCom approves N3.1bn for 187 RSA holders to access residential mortgage
Kindly leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has at the end of July 2023, mandate Pension Fund Administrators (PFAs) to disbursed N3.1 billion to 187 Retirement Savings Account (RSA) holders for assessment of residential mortgage. The amount disbursed was the 25 per cent […]
Exposing State Governments’ Status of Implementation of CPS For Their Employees Part 6
Kindly leave a comment and share 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 Edo, Ekiti and Enugu States. EDO STATE Edo state enacted the CPS law […]
