The National Pensions Commission (PenCom) introduced an interest-free fund (Fund VI) and published an operational framework on it for contributors and retirees. PenCom’s Head of Communications,...
The Lagos State Pension Commission (LASPEC) says the state government has credited the Retirement Savings Account (RSA) of 245 retirees with over N1 billion for the...
The Nigerian pension industry’s net asset is projected to hit the N20 trillion mark by 2023, a study has shown. According to Agusto & Co.’s newly...
Lagos State House of Assembly has approved the report of its Committee on Establishment which recommends the reduction of pensions to former governors and other affected...
The National Pensions Commission (PenCom) has said pension fund assets reached N12.66 trillion as of June 30, with contributory pension scheme (CPS) contributors reaching 9.38 million. ...
The Pension Transitional Arrangement Directorate (PTAD) has paid an additional 9 months of consequential adjustment arrears occasioned by the new minimum wage increase of 2019 to...
The Pension Transitional Arrangement Directorate (PTAD) has received the sum of £26,505,862.97 repatriated from the United Kingdom. These pension funds had hitherto been under-investment with Crown...
The Directorate of the Transitional Pensions Regime (PTAD) declares that it has started the payment of the subsequent adjustment to retirees under the defined benefit plan...
The Federal Government has approved the adjustment in pensions of retirees under the defined benefit pension scheme arising from the implementation of the New National Minimum...
Labour unions have rejected a fresh bid by governors to borrow from the N17 trillion pension funds. The Nigeria Labour Congress (NLC) kicked against a similar...
