Leave a comment and share Chuks Udo Okonta Pension benefit annuity contributes 60 per cent of the total gross income of Life Insurance Business, Inspenonline can report. The Director-General, Nigerian Insurers Association (NIA), Mrs Yetunde Ilori, who disclosed this at the 2018 Chartered Insurance Institute of Nigeria (CIIN), Offices Representative […]
Pension
Lagos State pays N40.25bn accrued pension rights
Ambode Leave a comment and share Chuks Udo Okonta Lagos State Government has paid N40,245 billion accrued pension rights into retirees Retirement Savings Accounts (RSA) from the inception of Governor Akinwunmi Ambode administration till date, even as, N795 million was paid to 213 public service retirees under the Contributory Pension […]
Expert implores PFAs to keep tabs on N710bn invested in blue chip companies
Leave a comment and share Chuks Udo Okonta Pension Fund Administrators (PFAs) have been implored to protect their interest in blue chip companies quoted on the Nigerian Stock Exchange (NSE) where N710 billion equity investments have been made as at June, 2018. The former Director General, National Pension Commission (PenCom) […]
PenCom implores PFAs to pay retirees, foreigners full voluntary pension contributions
Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has mandated all Pension Fund Administrators (PFAs) to allow retirees and foreign contributors to withdraw all the Voluntary Contributions (VCs) in the Retirement Saving Accounts (RSA) at the expiration of their contract employment. PenCom stated this in […]
15 States implement key provisions of CPS – PenCom
Mrs Aisha Dahir-Umar Leave a comment and share Chuks Udo Okonta 15 States in the federation have commenced implementation of key provisions of the Contributory Pension Scheme (CPS), the National Pension Commission (PenCom) has said. The pension regulator noted that 24 states have enacted laws and domesticated the Pension Reforms […]
PenCom works on guideline to ease voluntary pension contributions
Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has heeded to demands of most employees who desire to make voluntary pension contributions, but are constrained by the policy which requires that such contributions be made through employers. Finding revealed that most employees who employers are […]
PenCom watches NAICOM’s tier-based policy on annuity with keen interest
Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) is closely monitoring the Tier-Based Minimum Solvency Capital (TBMSC) introduced by the National Insurance Commission (NAICOM) to ensure the safety of pension annuity business presently in the hands of some Life Insurers. A source at the PenCom […]
FG approves micro pension plans, to be launch January 2019
From left:Managing Director, ARM Pensions, Wale Odutola; Head, Corporate Communications National Pension Commission, Peter Aghahowa and Executive Secretary, Pension Fund Operators Association of Nigeria , Ms. Susan Oranye at the event. Leave a comment and share Chuks Udo Okonta The Federal Government has approved the Micro Pension Plan, which is […]
Over N8.5trn pension assets is changing Nigeria’s financial landscape – PenCom
From Left: Chairman, House of Reps Committee on Pensions, Hon. Hassan Adamu Shekarau; Chairman, Senate Committee on Establishment and Public Service, Sen. Emmanuel Paulker; Acting Director General, National Pension Commission, Haj. Aisha Dahir-Umar; and President of the Nigerian Labour Congress, Comrade Ayuba Wabba at the event. Leave a comment and […]
WELCOME REMARKS BY AISHA DAHIR-UMAR, THE ACTING DIRECTOR-GENERAL OF THE NATIONAL PENSION COMMISSION AT THE 6TH CONFERENCE FOR DIRECTORS OF PENSION OPERATORS ON 11 – 12 SEPTEMBER, 2018 AT RADISSON BLU HOTEL, GRA IKEJA, LAGOS
AISHA DAHIR-UMAR WELCOME REMARKS BY AISHA DAHIR-UMAR, THE ACTING DIRECTOR-GENERAL OF THE NATIONAL PENSION COMMISSION AT THE 6TH CONFERENCE FOR DIRECTORS OF PENSION OPERATORS ON 11 – 12 SEPTEMBER, 2018 AT RADISSON BLU HOTEL, GRA IKEJA, LAGOS Protocols I am highly delighted to welcome this assemblage of accomplished personalities to […]
