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PENCOM

news and analysis about pencom

PenCom has said that 93,114 RSAs was registered by Pension Fund Administrators (PFAs) in the first quarter (Q1) of 2022.
Nigeria's pension fund assets increased by N453.8 billion in the first quarter of 2022 to stand at N13.88 trillion as of the end of March 2022...
PenCom has announced that up to 20 PFAs the April 27 deadline for a Minimum Regulatory Capitalisation from N1 billion to N5 billion.
Data shows that 73,600 informal sector workers have registered under the Contributory Pension Scheme as of the end of December 2021.
PenCom has stated that 1,526 organizations had remitted a total sum of N4 billion into the RSAs of their employees totalling 15,603.
A total of 48,543 pension contributors switched PFAs in 2021, bringing the total number of RSA transfers to 51,342 contributors.
Total pension fund asset hit the highest level ever in December 2021 at N13.42 trillion.
Aggregate pension contributions of the public sector increased from N3.65 trillion to N3.82 trillion as at the end of Q3 2021.
Only pensioners who have completed the online enrollment will be paid, this is according to the National Pensions...
The regulatory body of the Nigerian Pension Industry, the National Pension Commission (PenCom) said it has deliberated on...
The National Pension Commission (PenCom) has announced it has automated the Pre-Retirement Verification Enrolment Exercise. This was disclosed...
In Nigeria, setting up and running businesses/companies requires that certain things are put in place in consideration of...