From left: Dr. Akin Ogunbiyi, Chairman, Mutual Benefits Assurance Plc/Chief Launcher of new NAIPCO website; Mr. Austin Enajemo-Isire, Chairman, Nigeria Social Insurance Trust Fund (NSITF)/Chairman of the occasion; Mr. Chuks Okonta, Chairman, National Association of Insurance and Pension Correspondents (NAIPCO); Mr Rasaaq Salami, Head, Commissioner for Insurance Directorate, NAICOM; Mr. […]
Pension
Sanwo-Olu to stop pension for ex-govs, deputies
Sanwo-Olu Leave a comment and share Chuks Udo Okonta Governor of Lagos State, Babajide Sanwo-Olu on today announced his intention to repeal the Public Office Holder (Payment of Pension Law 2007), which provides for payment of pension and other entitlements to former Governors and their Deputies. He made this known […]
PenCom to launch pension transfer window Monday November 16, 2020
Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has set Monday, November 16 2020, for the launch of the much anticipated pension transfer window. A statement by the commission noted that it wishes to inform all stakeholders and the general public, especially Retirement Savings Account […]
Over N11.36tn pension fund assets threatened by low yield on securities, rising inflation – LCCI DG
Yusuf Leave a comment and share Chuks Udo Okonta Low yield on fixed-income securities such as Treasury Bills at around 1-2 per cent plus rising inflation currently at 13.71 per cent are threats to the real growth of over N11.36 trillion pension funds assets in the near to medium term, […]
Isire, Yusuf call for retooling of Nigeria’s economy, proper review of PRA 2014
from left: Mrs. Nneka Obiamalu, Director, Pensioners Support Services Dept, PTAD; Mr Rasaaq Salami, Head, Commissioner for Insurance Directorate, NAICOM; Dr. Muda Yusuf, Director General, Lagos Chamber of Commerce and Industry (LCCI)/keynote speaker, and Mr. Austin Enajemo-Isire, Chairman, Nigeria Social Insurance Trust Fund (NSITF)/Chairman of the occasion, at the 5th […]
Lagos State pays over N1bn to 246 retirees
Leave a comment and share Chuks Udo Okonta The administration of Babajide Olusola Sanwo-Olu of Lagos State has again paid the sum of N1,003,374,372.68 (One Billion, Three Million, Three Hundred Seventy-Four Thousand, Three Hundred Seventy-Two Naira, Sixty-Eight Kobo) into the Retirement Savings Accounts (RSAs) of 246 Retirees in the Lagos […]
Senate confirms Aisha Dahir-Umar as DG PenCom
Mrs. Aisha Dahir-Umar Leave a comment and share Chuks Udo Okonta The Senate today confirmed the appointment of Mrs. Aisha Dahir-Umar, as the substantive Director-General of the National Pension Commission (PenCom). Another nominee who was also confirmed by the Senate was Dr Oyindasola Oluremi Oni, from North Central as Chairman. […]
Premium Pension honours members for downloading multi-Channel mobile app
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 […]
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 […]
