Pension

Pension

‘You are responsible for your pension’

Leave a comment Chuks Udo Okonta Do you know that you are responsible for your pension? This is a fact many employees do not consider as they strive daily to eke a living. The Pension Reform Act 2014 has placed the future of workers in their hands by empowering them […]

Pension

Feds: Send greedy ex-cop to prison for at least 8 years

Prosecutors on Wednesday painted a former high-ranking Detroit cop convicted in a Kwame Kilpatrick-era corruption scandal as a greedy liar and remorseless, entitled bribe-taker who should spend at least eight years in prison. In a blistering filing, federal prosecutors made the request two days after Paul Stewart’s co-defendant, ex-Detroit Treasurer […]

Pension

PFAs get N26.63bn monthly from RSA holders

Chuks Udo Okonta About N26.63 billion is contributed monthly by Retirement Saving Account (RSA), the National Pension Commission (PenCom) has said. The commission said in a report that the average monthly contributions by the private and public sectors were N17.46 billion and N9.17 billion respectively during the first quarter in […]

Pension

How pension funds are invested – PenOp

Chuks Udo Okonta The Executive Secretary, Pension Fund Operators Association of Nigeria (PenOp), Susan Oranye, has identified safety; liquidity and returns as major considerations in investing pension funds. Oranye, disclosed this while reacting to the call in some quarters for injection of more pension funds in the capital market. She […]