The winners Leave a comment and share Chuks Udo Okonta Premium Pension Limited has rewarded its members across the country who emerged as the first to download the Company’s Multichannel Mobile App recently. A statement by the firm’s Head, Corporate Communications, Aliyu Mohammed Ali, said the initiative was a strategic […]
Pension
PenCom solicits supports for PFAs’ agents engaged to capture RSA holders, retirees data
Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has appealed to all active Retirement Savings Account (RSA) holders and retirees to cooperate with the agents engaged by Pension Fund administrators (PFAs) that would be visiting their organisations to carry out the Data Recapture Exercise (DRE). […]
Pension fund assets soar to N11.36tn, as FG securities gulp N7.52tn
* RSA subscribers 9.10 million Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) said the total pension fund assets as at August 31, 2020 was N11.35 trillion, of which N7.52 trillion (66.27 per cent) of the amount has been invested in Federal Government’s securities. PenCom […]
NAIPCO confab: Dr. Muda Yusuf, others to proffer sound investment channels for insurance, pension sectors
Yusuf Experts as well as stakeholders in the financial service sector will converge to deliberate on how insurance and pension fund operators can build their investment portfolios to maximise profit The deliberation, which is taking place at the 2020 annual Conference of the National Association of Insurance and Pension Correspondents […]
Trade Union Congress pushes for 50% lump sum in new pension law
Leave a comment and share Chuks Udo Okonta The Trade Union Congress of Nigeria (TUC) said the Pension Reform Act (PRA) 2014 should be amended such that workers will be paid up to 50 per cent of their contribution at retirement to enable them establish petty businesses to complement whatever […]
PenCom too sensitive to be manned by people with questionable character – TUC
*Canvasses confirmation of Mrs. Aisha Uma as DG PenCom Leave a comment and share Chuks Udo Okonta The Trade Union Congress of Nigeria (TUC) has said the National Pension Commission (PenCom), is too sensitive to be entrusted into the hands of people with questionable character. The President, TUC, Comrade Quadri […]
Lagos pays over N1bn accrued pension rights to 219 retirees in September, 2020
Leave a comment and share Chuks Udo Okonta The Lagos State Governor, Babajide Sanwo-Olu has once again fulfilled his promise with the payment of Accrued Pension Rights of N1,003,716,895.59 (One Billion, Three Million, Seven Hundred and Sixteen Thousand Eight Hundred and Ninety Five Naira Fifty Nine Kobo Only) to another […]
‘Formidable board essential for pension sector continuous growth’
Leave a comment and share Chuks Udo Okonta The growth and future of the pension sector which presently has over N11.08 trillion fund assets is largely depended on entrenchment of a formidable board, a Legal Practitioner and the Executive Director, Centre For Pension Right Advocacy, Ivor Takor, has said. Takor, […]
Appointment of Aisha Dahiru-Umar as DG PenCom will ensure continuity – Expert
Mrs. Aisha Dahiru-Umar Leave a comment and share Chuks Udo Okonta The appointment of Mrs. Aisha Dahiru-Umar as the Director-General of the National Pension Commission (PenCom) pending Senate confirmation by President Muhammadu Buhari is a welcome development as it will ensure continuity in the Commission especially as the Chairman and […]
Section 106(4) of PRA 2014 empowers President to appoint PenCom DG
Mrs. Aisha Dahir-Umar, Leave a comment and share Chuks Udo Okonta President Muhammadu Buhari has legal right under S. 106(4) of the Pension Reform Act (PRA) 2014 to appoint fit and proper persons with pension cognate experience to constitute the board of the National Pension Commission (PenCom), which includes the […]
