A few weeks ago, many news media organizations published articles on the plan by FGN to borrow a whopping N2 trillion from the pension funds.
PenCom has directed that from March 2020, companies with no insurance covers for their staff, would not be allowed to do any government business.
The Pension Fund Administrators have increased investments in infrastructure to N40.52 billion, according to the latest PenCom's monthly report.
The National Pension Commission (PenCom) is in talks with the Debt Management Office (DMO) to offer pension bonds on behalf of FG.
PenCom is taking steps to raise pension bonds through the Debt Management Office (DMO) to offset the pension arrears of the federal retirees.
The Director-General of the National Pension Commission (PenCom), Aisha Umar-Dahir, has spoken about how the operating environment for Pension Funds Administrators (PFAs) was made difficult in...
The persistent depreciation in the value of the Naira has eroded the value of Nigeria’s pension funds assets by as much as 100% between 2012 and...
PenCom in a report disclosed that a total 109,284 retired workers had quit the Contributory Pension Scheme, with N27.09 billion withdrawn.
PFAs have increased their investment in infrastructure by N17.77 billion, from N17.12 billion in September 2018 to N34.89 billion in September 2019.
PenCom has discontinued Death Benefits Account (DBA) for deceased employees under the contributory pension scheme.
