Pension

Pension

AIICO Pension debunks reports on mismanagement of funds

Longe Leave a comment and share Chuks Udo Okonta Contrary to reports in the media, there are no allegations of mismanagement of pension assets levelled against AIICO Pension Limited, the Pension Fund Administrator (PFA), has said. This was made known in a rejoinder released by the PFA to journalists to […]

Pension

PTAD commences mop-up, in house verification

Leave a comment and share Chuks Udo Okonta PTAD has notified its esteemed Pensioners/NoKs that the mop up verification exercise earlier scheduled for 18th January, 2021 will now commence from 17th February to 23rd February 2021 at the Directorate’s Headquarters Abuja. A statement by the organisation noted that the exercise […]

Pension

Lagos pays N1.5bn restates commitments to pensioners welfare

From left: Olumuyiwa Oshin Executive Director Finance and investment Lagos state Pension Commission, Mrs Christiana Alakija a Retiree receiving her Bond Certificate from the Director-General Lagos state Pension Commission, Babalola Obilana during the 82nd Bond Certificate presentation in Alausa Ikeja Leave a comment and share Chuks Udo Okonta The Lagos […]

Pension

PenCom drives CPS with compliance certificates issued to 1911 firms

Director General, National Pension Commission, Mrs. Aisha Dahir-Umar-Umar Leave a comment and share Chuks Udo Okonta Committed to ensuring that successes achieved over the years are sustained, the National Pension Commission (PenCom) had issued compliance certificates to 1911 firms as at January this year, to enable the organisations transact business […]

Pension

Pension assets gained N2.48tn in 2020

Leave a comment and share Chuks Udo Okonta Pension fund assets gained N2.48 trillion in 2020, as contributed fund which stood at N9.81 trillion as at January 1, 2020, peaked at N12.29 trillion by December 31, 2020. Data obtained from the National Pension Commission (PenCom) revealed that as at December […]

Pension

Contributors inject N1.85tn into pension fund in 11 months

Leave a Comment and share Chuks Udo Okonta About N1.85 trillion was injected into the pension fund assets between January and November 2020 by Contributory Pension Scheme (CPS) subscribers, Inspenonline can report. Data obtained from the National Pension Commission (PenCom) revealed that as at January 2020, the pension fund assets […]

Pension

Pension fund assets soar to N12.29tn

Leave a comment and share Chuks Udo Okonta The pension sector fund assets has soared to N12.29 trillion by November 30, 2020, the National Pension Commission (PenCom) has said. This represented a 1.94 per cent increase when compared with N12.053 trillion recorded as at October 31, 2020, it said, noting […]