Leave a comment and share Chuks Udo Okonta LeapFrog Investments has invested an undisclosed amount in ARM Pension Managers, one of the largest pensions fund administrator (PFA) in Nigeria with about $1.8bn in funds under management. The investment in ARM Pensions will tap a rapidly growing pensions market, with a […]
Pension
Lagos State makes prompt pension payments to retirees with disabilities
Lagos State Governor, Akinwunmi Ambode Leave a comment and share Chuks Udo Okonta The Lagos State Government has promised to pay pensioners with disability or terminal illness their pensions immediately after they retire. The Director General, Lagos State Pension Commission (LASPEC), Mrs. Folashade Onanuga, who stated this at the 14th […]
PUBLIC SECTOR PENSION CRISIS: TIME FOR THE NIGERIA LABOUR CONGRESS (NLC), TRADE UNION CONGRESS OF NIGERIA (TUC) AND INDUSTRIAL UNIONS TO GET THE FEDERAL AND STATES GOVERNMENTS TO ACCOUNT FOR THEIR STEWARDSHIP AND OBEY THE LAWS OF THE LAND AND INTERNATIONAL CONVENTIONS
Takor PUBLIC SECTOR PENSION CRISIS: TIME FOR THE NIGERIA LABOUR CONGRESS (NLC), TRADE UNION CONGRESS OF NIGERIA (TUC) AND INDUSTRIAL UNIONS TO GET THE FEDERAL AND STATES GOVERNMENTS TO ACCOUNT FOR THEIR STEWARDSHIP AND OBEY THE LAWS OF THE LAND AND INTERNATIONAL CONVENTIONS. BY IVOR TAKOR, mni Esq. The public […]
PenCom attributes N8trn pension success to esteemed contributors
From left: Managing Partner, Averti Professional Managers, Mrs Inyang Sani Orungbe; Director and Head, Corporate Communications Department, National Pension Commission, Peter Aghahowa and Head Benefits & Insurance Mrs Ekanem Aikhomu at the event. .Holds verification from June 25 to August 17, 2018 Leave a comment and share Chuks Udo Okonta […]
Lagos state pays retirees N859m
Governor Ambode Leave a comment and share Chuks Udo Okonta The Governor of Lagos State, His Excellency, Akinwunmi Ambode has released the sum of N859, 059 million to pay accrued pension rights to 158 Public Service retirees under the Contributory Pension Scheme for the month of May. A statement by […]
Stanbic IBTC Pension Managers positions for new pension initiatives
From left: Executive Director, Operations, Steve Elusope; Chief Executive, Eric Fajemisin; Head, Business Development, Mrs. Nike Bajomo; and Executive Director, Investments, Oladele Sotubo; all of Stanbic IBTC Pension Managers Limited at the event. .Assets Under Management in excess of N2.53trn Leave a comment and share Chuks Udo Okonta With Assets […]
Pension assets move to N8trn
Mrs. Aisha Dahir-Umar Leave a comment and share Chuks Udo Okonta The pension contributions have moved from N7.779 trillion in March 2018 to N8 trillion, Inspenonline has learnt. The Head of Research and Corporate Strategy Department at PenCom, Dr. Farouk Aminu, who disclosed this on a television programme, noted that […]
Pension reform and the tardiness of accrued rights
By Paddy Ezeala It has been severally reiterated that the Contributory Pension Scheme (CPS) is arguably the most successful initiative of the Federal Government since the return to democratic governance in 1999. The plight of pensioners under the previous Defined Benefit Scheme (DBS); before the enactment of the Pension Reform […]
Osun, Delta, Ogun two others struggling to remit pension contributions
Leave a comment and share Chuks Udo Okonta States such as Ogun; Delta; Osun; Anambra and Niger are really struggling to meet their pension contributions responsibilities, Inspenonline can report. Data obtained from the National Pension Commission (PenCom) revealed that remittances by Osun state are inconsistent resulting in huge backlog of […]
Reps to probe PenCom over allegations on violation of provisions of the Public Procurement Act
Members of the House of Representatives on Wednesday unanimously expressed support for the probe of various allegations bothering on violation of provisions of the Public Procurement Act and financial mismanagement by the National Pension Commission (PenCom). The resolution was passed sequel to the adoption of a motion sponsored by Zakariya’u […]
