Kindly leave a comment and share Chuks Udo Okonta Pension fund assets gained N1.77 trillion between January 1, 2023 and June 30, 2023, the National Pension Commission (PenCom) has said. PenCom also stated that the number of Retirement Savingsb Account (RSA) holders increased by 146,920, within the period, moving from […]
Pension
PenCom debunks alleged financial impropriety
* Says it has nothing to hide Kindly leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) said it would like to alert the public to the renewed campaign of outrageous falsehood against it and its Director-General, Mrs Aisha Dahir-Umar, over some imagined financial impropriety. PenCom […]
Contributory Pension Scheme records 10.01m RSA holders
Kindly leave a comment and share Chuks Udo Okonta The Contributory Pension Scheme (CPS) has recorded N10.01 million Retirement Savings Account (RSA) holders as at the end of June, 2023. National Pension Commission (PenCom) stated this in its unaudited report on pension funds industry portfolio for the period ended June […]
Exposing State Governments’ Status of Implementation of CPS For Their Employees Part 5
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 Cross River, Delta and Ebonyi States. CROSS RIVER Cross River state CPS Bill 2021 is still undergoing legislative process. […]
Exposing State Governments’ Status of Implementation of CPS For Their Employees Part 4
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 Bayelsa, Benue and Borno States. BAYELSA STATE BAYELSA state enacted the State Pension […]
Exposing State Governments’ Status of Implementation of CPS For Their Employees Part 3
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 Anambra and Bauchi States. ANAMBRA state enacted the State Pension Reform Law, in 2013. The state appointed five Pension […]
4,059 workers retire without monthly pension benefit in Q1 2023
Kindly leave a comment and share Chuks Udo Okonta At a time most Nigerians earning regular income, are surviving by God’s grace due to harsh economic situation, 4,059 workers in the first quarter 2023, retired and wouldn’t be paid monthly pension benefits because their Retirement Savings Account (RSA) balances could […]
Exposing State Governments’ status of implementation of CPS for their employees part 3
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 Anambra and Bauchi States. ANAMBRA state enacted the State Pension Reform Law, in 2013. The state appointed five Pension […]
PenCom creates good retirement for workers with N24.53bn recovered fund
Kindly leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has continued to pave way for good retirement for workers by recovering a total sum of N24,533,339,305.09 comprising of principal contributions N12,440,682,240.91 and penalties N12,092,657,064.18 from defaulting employers since the commencement of exercise in June 2012 […]
Exposing state governments’ status of implementation of the CPS for their employees part 2
By Ivor Takor Kindly leave a comment and We began exposing State Governments’ status of implementation of the Contributory Pension Scheme (CPS) in alphabetical order. We have exposed the status of implementation of Abia State. Today we will be exposing the status of implementations of Adamawa and Akwa Ibom States. […]