Fund pays out $2.3 billion annually in 15 different currencies Over past decade, UN fund has performed in line with Calpers The United Nations needs some financial peacekeepers. A dispute over whether new regulations governing the $54 billion UN Joint Staff Pension Fund will result in higher fees paid to […]
Pension
FG should show moral, political will in implementing PRA 2014 – Expert
Takor Leave Comment and share Chuks Udo Okonta The Federal Government has been charged to show moral and political will towards the implementation of the Pension Reform Act (PRA) 2014. A Former Board Member, National Pension Commission(PenCom) Ivor Takor, said this at the 2015 Nigerian Insurance and Pension Awards organised […]
‘Include free health care in pension scheme’
Olowosuko By Nike Popoola The Director-General, Ondo State Pension Commission, Mr. Jaiyeola Olowosuko, has urged operators of the Contributory Pension Scheme to include free health care in the package for its subscribers when they retire. Olowosuko said this during the Nigerian insurance and pension awards with the theme: ‘Robust pension […]
LASPEC, FBNInsurance others win Inspenonline awards
From left: Managing Director Plum Insurance Brokers Limited, Mrs Laide Osijo; Director, Centre for Pension Right Advocacy, Mr Ivor Takor; Director General Lagos State Pension Commission, Mrs Folashade Onanuga and the Director General Ondo State Pension Commission, Mr Jaiyeola Olowosuko at the 2015 Nigerian Insurance and Pension Awards in Lagos. […]
List of winners of 2015 Nigerian Insurance & Pension awards
From left: Director General Lagos State Pension Commission, Mrs Folashade Onanuga; Managing Director Plum Insurance Brokers Limited, Mrs Laide Osijo; Director, Centre for Pension Right Advocacy Mr Ivor Takor and Former Director General Chartered Insurance Institute of Nigeria Adegboyega Adepegba at the event. Insurance company of the year: FBNInsurance limited […]
Lagos, nine other states remitting workers’ pension contributions – PenCom
Pension operators Leave a comment and share Chuks Udo Okonta Only 10 out of the 36 states in the country are remitting pension contributions into the Retirement Savings Accounts of their employees, the National Pension Commission (PenCom) has said. The states according to PenCom are: Anambra; Delta; Lagos; Kaduna; Niger; […]
159,361 disengaged Nigerian workers get N49.55bn pension benefits
Disengaged workers Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) said since the inception of the Contributory Pension Scheme (CPS), N49.55 billion has been paid to 159,361 disengaged Nigerian workers who could not secure a new job after four months. PenCom stated this in its […]
FG securities gulp N3.87trn pension funds
Mrs Chinelo Anohu-Amazu .Assets N5.73trn in June Leave a comment and share Chuks Udo Okonta Federal Government’s securities have continued to attract more funds from the Contributory Pension Scheme (CPS) as N3.87 trillion out of the N5.73 trillion total fund assets, were invested in bonds and treasury bills in June […]
You are invited to the 2015 Nigerian Insurance and Pension Awards
All is set for the 2015 Nigerian Insurance & Pension Awards. Our friends are all invited to this glorious event that will help deepen pension and insurance in Nigeria. Experts to brainstorm on creating robust pension benefits for retirees How to create a robust pension benefits for retirees would be […]
FG withholds pension remittances since October 2015
DG PenCom, Mrs Chinelo Anohu-Amazu Leave a comment and share Chuks Udo Okonta The Federal Government’s inability to remit pension contributions in the last 11 months, has heightened apprehension amongst the public who do not want a return to the ugly period that led to the introduction of the Contributory […]
