Gov. Ambode *Retirees commend LASPEC staff on their steadfastness The Lagos State Government has delighted retirees from the State’s Public Service again by releasing the sum of N720,445m to be paid into the Retirement Savings Accounts of 190 Contributory Pension Scheme retirees in the month of August, 2018. Addressing the […]
Pension
PenCom explains reasons for suspension of recruits
Mrs. Aisha Dahir-Umar Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has explained the reasons behind the suspension of the recruitment of 41 workers into the Commission. The Acting Director-General, Mrs. Aisha Dahir-Umar who spoke with journalists in Lagos said the exercise which was scheduled […]
PenCom builds IT infrastructure for micro pension takeoff
Mrs. Aisha Dahir-Umar Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) said its is presently working on the Information Technology (IT) infrastructure that will support the launch of the Micro Pension Plan. Its Acting Director-General, Mrs. Aisha Dahir-Umar, disclosed this at the BusinessToday’s 5th anniversary […]
‘PenCom does not give, accept kickbacks’
Acting Director-General, PenCom, Mrs. Aisha Dahir-Umar Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has reiterated that her staff do not give, accept kickbacks from any individual or organisation in the discharge of their responsibilities. A statement by the commission urged members of the […]
PenCom gets kudos for reverting to old programmed withdrawal template
Mrs. Dahir-Umar Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has been applauded by stakeholders for heeding complaints of retirees and reverting to the old Programmed Withdrawal (PW) template. PenCom had last week, directed all licensed Pension Fund Administrators (PFAs) to revert to the […]
Pension assets soar to N8.23trn
Participants *312, 291 workers join CPS in six months Pension assets under the Contributory Pension Scheme (CPS) have increased from N7.52 trillion in December 2017 to N8.23 trillion in June 2018. The Acting Director-Genera, National Pension Commission (PenCom), Mrs. Aisha Dahir-Umar, who disclosed this during the 3rd annual conference of […]
PenCom enrols 2700 retiring FG employees in FCT, Niger State
Leave a comment and share Chuks Udo Okonta Over 2,700 Federal Civil servants from the Federal Capital Territory (FCT) and Niger State have commenced their verification and enrolment exercise with the National Pension Commission (PenCom) at the Women Development Centre in Abuja. A statement by the Head, Corporate Communications Department […]
PFAs rake in N630bn from pension contributors in 5 months
Leave a comment and share Mrs. Aisha Dahir-Umar Chuks Udo Okonta Pension contributors in the country contributed over N630 billion into the kitties of Pension Fund Administrators (PFAs) between January to May 2018, Inspenonline can report. Data obtained from the National Pension Commission (PenCom) revealed that the total pension fund […]
Premium Pension earns highest return on investment for RSA holders
From left: (Sitting) managing Director/Chief Executive Office, Umar Sanda Mairami; Executive Director Business Development North & Investment, Kabir Ahmed Tijjani; Executive Director Business Development South & Strategy, Mrs. Kemi Oluwashina; Memebers of the Board, Ibrahim Babayo; Nelson Nweke; Lamido Yuguda and Company Secretary, Nasiru Shall at the event. * Holds […]
Lagos State pays N466.855m to 187 retirees in July
Governor Ambode The Lagos State Government has credited N466.855 million to the Retirement Savings Accounts (RSAs) of 187 of its retirees under the Contributory Pension Scheme (CPS) for the month of July. More retirees from the State Universal Basic Education Board (SUBEB) benefitted from this batch of payment. A statement […]