Kindly leave a comment and share Chuks Udo Okonta The Board of Premium Pension Limited has announced a few changes at the corporate level, which includes the appointment of Gen. Bitrus Kwaji (Rtd) OON as its new Chairman effective September 2023. A statement by the firm’s Head, Corporate Communications, Aliyu […]
Pension
Stanbic IBTC Pension Managers facilitates home ownership for retirement savings account holders
Kindly leave a comment and share Chuks Udo Okonta Stanbic IBTC Pension Managers, Nigeria’s leading pension fund administrator (PFA) based on the Q2 2023 report released by the National Pension Commission (PenCom), has successfully paid out ₦1.6 billion to one hundred and fifty (150) customers as at 03 October 2023, […]
How to secure your retirement with inflation-protected annuity
Don’t just invest, but invest wisely. With the soaring rate of inflation, you need investments products that are capable to provide returns above inflation. And one of such products is inflation-protected annuity. Watch to learn how it works. Note that if you fail to personally combat inflation, it will make […]
Milestones put in place by National Pension Commission toward full implementation of contributory pension scheme
Kindly leave a comment and share 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 […]
Nigeria Union of Pensioners crocodile tears
Kindly leave a comment and share OPINION lt’s a known fact the Nigeria Union of Pensioners (NUP) had been so selfish in catering for just the pensioners on the Old Pension Scheme under the management of PTAD,leaving the Contributory Pensioners in the cold for so long;which warranted the exodus of […]
PenCom courts NECA on championing programmes to enhance implementation of CPS
Kindly leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) will always support Nigeria Employers Consultative Association (NECA) to champion programmes that will ensure successful implementation of Contributory Pension Scheme (CPS) in Nigeria, Director-General PenCom Mrs. Aisha Dahir-Umar, has said She stated this yesterday at the […]
Photos: Faces at PenCom, NECA interactive session on CPS for OPS today in Lagos
Why retirees earn less than N10,000 monthly pension benefits
Retiree laments over N3,804 monthly pension benefits amid economic maladies
Kindly leave a comment and share Chuks Udo Okonta A retiree, Peter Oladipo, has cried out over his inability to survive prevailing economic situation with paltry N3,804 monthly pension benefits. Oladipo, who retired from the private sector in year 2021, told Inspenonline that he feels very sad whenever he gets […]
Pension operators reflate real sector with N1.59tn investments
Kindly leave a comment and share Chuks Udo Okonta Pension Fund Managers (PFM) have invested N1.59 trillion in money market instruments which would have been accessed as facilities by operators in the real sector to boost their businesses. The real sector, is one of the major components of the Nigerian […]