Pension

PenCom introduces non-interest fund pension contributors, retirees

The National Pensions Commission (PenCom) introduced an interest-free fund (Fund VI) and published an operational framework on it for contributors…

5 years ago

Lagos Govt. pays over N1bn to 245 retirees – LASPEC

The Lagos State Pension Commission (LASPEC) says the state government has credited the Retirement Savings Account (RSA) of 245 retirees…

5 years ago

Pension industry net assets to hit N20trn in two years -report

The Nigerian pension industry’s net asset is projected to hit the N20 trillion mark by 2023, a study has shown.…

5 years ago

Lagos halves ex-governors pension

Lagos State House of Assembly has approved the report of its Committee on Establishment which recommends the reduction of pensions…

5 years ago

Pension fund hits N12.66trn – PenCom

The National Pensions Commission (PenCom) has said pension fund assets reached N12.66 trillion as of June 30, with contributory pension…

5 years ago

PTAD pays increment arrears to DBS pensioners

The Pension Transitional Arrangement Directorate (PTAD) has paid an additional 9 months of consequential adjustment arrears occasioned by the new…

5 years ago

Nigeria receives over £26m repatriated pension from UK

The Pension Transitional Arrangement Directorate (PTAD) has received the sum of £26,505,862.97  repatriated from the United Kingdom. These pension funds…

5 years ago

PTAD begins consecutive pension payment

The Directorate of the Transitional Pensions Regime (PTAD) declares that it has started the payment of the subsequent adjustment to…

5 years ago

New minimum wage increment to be reflected in old pension scheme— FG

The Federal Government has approved the adjustment in pensions of retirees under the defined benefit pension scheme arising from the…

5 years ago

Labour rejects bid to borrow from N17tr pension fund

Labour unions have rejected a fresh bid by governors to borrow from the N17 trillion pension funds. The Nigeria Labour…

5 years ago

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