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 […]
Pension assets soar to N11.57tn as PFAs invest N2.01tn in money market
Leave a comment and share Chuks Udo Okonta The pension fund assets stood at N11.57 trillion as at September 30, 2020, out of which N2.01 trillion was invested in local money market, the National Pension Commission (PenCom) has said. PenCom stated this in its summary of pension funds portfolio for […]
FG releases N11.82bn for MDAs retirees’ accrued pension rights
Leave a comment and share Chuks Udo Okonta The Federal Government has released N11.82 billion for payment of accrued pension rights of retirees under its Ministries Department and Agencies (MDAs). Head, Corporate Communications Department, National Pension Commission (PenCom) Peter Aghahowa, disclosed this in a statement, noting that accrued rights represent […]
PenCom automates employees verification, enrolment, eyes Q1 2021 for takeoff
PenCom’s Director-General, Aisha Dahir-Umar Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) says it is putting an automated process in place that would ensure seamless conduct of the annual verification/enrolment exercise. A statement by the commission noted that the new process has two options for […]
PenOp plans robust pension awareness campaign for 2021
Leave a comment and share Chuks Udo Okonta Pension Fund Operators Association of Nigeria (PenOp); said it has lined up a lot of programs and is looking forward to more media interactions in the coming year, which would help enhance public education on pension. Mrs Amaka Andy-Azike; the Head of […]
Pension investments are insured – Access PFC boss
Mrs. Idu Okwuosa Leave a comment and share Chuks Udo Okonta The Managing Director, Access Pension Fund Custodian (PFC) – Mrs. Idu Okwuosa, has said all pension investments in the industry are insured, therefore there’s not a chance that anyone can have access to the funds in the industry. She […]
PenCom, AIICO Insurance spokespersons win NAIPCO awards
From left: Former President, National Association of Insurance and Pension Correspondents, Kelvil Egerue, presenting NAIPCO Corporate Communications Managers of the year 2020 award (regulator) to Senior Manager, South West Zonal Office, National Pension Commission, Lanre Ogedegbe, who represented the winner, Head, Corporate Communications, PenCom, Peter Aghahowa and Senior Manager, South […]
Lagos State workers look forward to retirement with joy – Sanwo-Olu
Retirees with other participants at the event Leave a comment and share Chuks Udo Okonta Lagos State Governor, Babajide Sanwo-Olu, has said retiring officers in the state now look forward to retirement with more confidence and joy. The Governor said this yesterday at the 81st Retirement Bond Certificate presentation to […]
Lagos State pays over N25bn to 5,819 retirees in 18 months
From left: Executive Director, Lagos State Pension Commission, Olumuyiwa Oshin; Director General, Babalola Obilana; Chairman, Lagos State Civil Service Commission, Mrs. Olubunmi Fabanwo; a Pensioner and Commissioner for Establishment, Training & Pension, Lagos State, Mrs. Ajibola Ponule at the event Leave a comment and share Chuks Udo Okonta Lagos State […]
