Leave a comment and share Chuks Udo Okonta The Pension Transitional Arrangement Directorate (PTAD) said it’s attention has been drawn to a growing agitation by some group of PHCN Pensioners known as concerned PHCN Pensioners, who are alleging that it has colluded with some “powerful individuals” to deprive them of […]
Pension
20 PFAs scale N5bn recapitalisation hurdles
Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) said it is pleased to inform all stakeholders and the general public that as at 27 April 2022, all Pension Fund Administrators (PFAS) have complied with the Commission’s directive for the increase of the Minimum Regulatory Capital […]
63,728 unhappy RSA holders move N226.96bn to new PFAs
Leave a comment and share Chuks Udo Okonta The quest for better services has led to the transfer of N226.96 billion by 63,728 Retirement Savings Account (RSA) holders to new Pension Fund Administrators (PFAs) Inspenonline can report. This was revealed in a document obtained from the National Pension Commission (PenCom). […]
PenCom, media firm battle over employees pension remittance
Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) seemed determined in its legal action against 66 employers that failed to contribute and remit their workers pension contributions. According to Nairametrics, Pencom took DAAR Communications Plc to court over unpaid pensions. PenCom had in a publication […]
Supreme Court affirms six-year jail term for ex-pension Director, Yusuf, orders N22.9b refund
Leave a comment and share The Supreme Court of Nigeria, yesterday, in Abuja, affirmed the six years imprisonment imposed on a former Federal Director of Pensions (FDP,) John Yakubu Yusuf and also ordered him to refund N22.9b to government covers. Daily Post Nigeria, reported that the N22.9b huge sum was […]
PenOp elects Olumide Oyetan as President
Leave a comment and share Chuks Udo Okonta The Pension Fund Operators Association of Nigeria (PenOp) which is the umbrella body of all licensed pension fund operators in Nigeria has elected Olumide Oyetan as its new president. This election comes on the heel of the completion of the tenure of […]
Premium Pension grows AUM by N97.25bn, posts N885.05 bn in 2021
Leave a comment and share Chuks Udo Okonta Premium Pension Limited (PPL) has continued to break new frontier in spite economic challenges, thereby maintaining its position as one of the leading Pension Fund Administrator (PFA), with a growth on Assets Under Management (AUM) by 12.34 per cent in 2021. A […]
PenOp pledges support to women in pension sector
* Launches women’s network Chuks Udo Okonta Leave a comment and share The month of March popularly known as Women’s Month has been an interesting one with females across the globe initiating and engaging in conversations on the International Women’s Day theme of the year – Break the Bias. The […]
Group recommends full salary as pension, 300% gratuity for Police Officers
Leave a comment and share Chuks Udo Okonta Concerned about agitation to exit the Contributory Pension Scheme (CPS) by Police Officers, Centre for Pension Right Advocacy (CPRA) has recommended that Federal Government should be paying retirees of Nigeria Police Force 300 per cent of their last annual gross pay as […]
Between Rivers State development, workers’ pension right and stomach infrastructure
By Ivor Takor Governor Nyesom Wike has made giant strides in the development of Rivers State since he assumed office as the Governor of the state in 2015. He deserves a place of pride as a role model among State Governors in infrastructure development. Numerous development projects have been completed […]
