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, […]
Pension
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 […]
CSR: Premium Pension offers free eye cataract surgery to 200 aged persons
A cross section of the beneficiaries of the Free Eye Cataract Surgery at the event. Leave a comment and share Chuks Udo Okonta Premium Pension Limited as part of its ongoing Corporate Social Responsibility (CSR) project has partnered a Non-governmental organisation Charity To Cheer Foundation to sponsored free eye cataract […]
PenCom to enrol 21,000 retirees with new application
From left: Sola Adeseun (PM, South-West Zonal Office, PenCom), Polycarp Anyanwu (Head, Information & Communication Technology Department, PenCom), Anyim C. Nyerere (Commissioner Technical, PenCom), Abdulrahman Salem (Head, Contribution & Bond Redemption Department, PenCom), Dr. Alayande (Head, South-West Zonal Office, PenCom at the event. Leave a comment and share Chuks Udo […]
PenCom stops fee charges on micro pension fund below N5m
Director General, PenCom, Mrs. Aisha Dahir-Umar Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has mandated Pension Fund Administrators (PFAs) with micro pension fund under management below N5 million to stop paying fee charges. PenCom in a circular, entitled; Circular on Fee Structure for the […]
Lagos state pays over N32bn to 7,998 pensioners in two years
Leave a comment and share Chuks Udo Okonta Lagos State Government has paid 32,276,395,658.43 (Thirty-Two Billion, Two Hundred and Seventy-Six Million, Three Hundred and Ninety-Five Thousand, Six Hundred and Fifty-Eight Naira, Forty-Three Kobo) to 7,998 Retirees in the past two years. The Director-General, Lagos State Pension Commission (LASPEC), Babalola Obilana, […]
