Leave a comment and share Chuks Udo Okonta The licensed pension fund operators under the auspices of the Pension Fund Operators Association of Nigeria (PenOp) and federal lawmakers drawn from the National Assembly – Joint Committee for Establishment and Public Service of the Senate and House of Representatives Committee on […]
Pension
National Assembly to engage states on CPS compliance
Leave a comment and share Chuks Udo Okonta The National Assembly is to set up a task force which would help engage state governments and come up with innovative ways that would help them embrace Contributory Pension Scheme (CPS). This was part of the resolutions reached at the just concluded […]
Pension operators, legislators agree to review lumpsum payable to retirees
From left: Managing Director, IEI Anchor Pension Manager, Glory Etaduovie; representative of Director General, National Pension Commission, Clement Akintola; Chairman, Senate Committee on Establisment and Pension, Senator Ibrahim Shekarau; Chairman, House of Representatives Committee on Pension, Hon. Alhassan Rurum and Former Director General, National Pension Commission, Muhammed Ahmad at the […]
Ahmad implores pension operators to unlock informal sector
From left: Managing Director, IEI Anchor Pension Manager, Glory Etaduovie; representative of Director General, National Pension Commission, Clement Akintola; Chairman, Senate Committee on Establisment and Pension, Senator Ibrahim Shekarau; Chairman, House of Representatives Committee on Pension, Hon. Alhassan Rurum and Former Director General, National Pension Commission, Muhammed Ahmad at the […]
PenOp’s retreat for lawmakers starts tomorrow
Odutola Leave a comment and share Chuks Udo Okonta Pension Fund Operators Association of Nigeria (PenOp) will tomorrow Friday , July 9, 2021 commence its third retreat for Joint Committee for Establishment & Public Service of the Senate and the House of Representatives Committee on Pensions. A statement by Media, […]
FG clears outstanding pension liabilities, begins 18% remittance
President Buhari Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has brought to the notice of all its stakeholders, particularly retirees of Treasury-funded Federal Ministries, Departments and Agencies (MDAs), that His Excellency, President Muhammadu Buhari, GCFR, has approved Its submission on the payment of some […]
17 micro pension contributors get funds from savings portion
Leave a comment and share Chuks Udo Okonta Having made contributions toward targeted projects, 17 contributors to the Micro Pension Plan (MPP) have withdrawal N4.38 million from their savings portion in the first quarter of 2021. The National Pension Commission (PenCom) on withdrawals from the contingent portion of micro pension […]
PenCom recovers N608.56m from 25 defaulting employers in Q1 2021
Director-General, PenCom, Mrs. Aisha Dahiru-Umar Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) said it recovered N608,554,747.59 representing principal contribution N162,385,260.05 and penalty N446,169,487.54 from 25 defaulting employers in the first quarter of 2021. PenCom stated this in the first quarter report published on its […]
PTAD receives £26.5m repatriated pension funds from Crown Agents Investment Management
Dr. Chioma Ejikeme Leave a comment and share Chuks Udo Okonta The Pension Transitional Arrangement Directorate (PTAD) has received the sum of £26,505,862.97 (Twenty Six Million, Five Hundred and Five thousand, Eight hundred and Sixty-two Pounds, Ninety-Seven Pence) repatriated from the United Kingdom. These pension funds had hitherto been under […]
LASPEC implores prospective retirees to embrace early documentation
Leave a comment and share Chuks Udo Okonta The Lagos State Pension Commission (LASPEC) has urged prospective retirees in the State civil service to ensure they begin documentation six months prior to their retirement. This was made known during the 20th Pre-Retirement documentation Seminar. The virtual seminar, held on the […]
