Senate summons NICON, AIICO, others over N17.4bn pension remittances
The Senate Public Accounts Committee has summoned the management of the NICON Insurance Plc, AIICO Insurance and other insurance companies over their alleged failure to
Category : Pencom
Pension assets continue downward trend, lose N52bn
The Contributory Pension Scheme continued its downward trend as it lost N52bn in February. Figures obtained by our correspondent from the National Pension Commission on
FAAN pensioners making unconstitutional demands’
As retirees threaten nationwide protest over disparity in salaries Following threats by the Nigerian Union of Pensioners (NUP) to stage a nationwide protest over the
2,210 workers withdrew N3.18bn from voluntary pension contributions – PenCom
A total of 2,210 workers withdrew N3.18bn from their Retirement Savings Accounts with their respective Pension Fund Administrators in six months after making additional voluntary
Pension scheme records 62,596 deaths, relatives paid N205.12bn
Only relatives of deceased workers in the public and private sectors whose monthly pensions were remitted regularly by their employers were paid death claims under
Pension Assets Drop to N12.3tn on Job Losses, Low-yield Investments
The total value of pension assets in the country dropped by N77 billion to N12.299 trillion as of January 31, 2021, compared with the N12.306
“Contributory pension assets suffered decline, lost N7bn in January’
The Contributory Pension Scheme which had maintained a steady rise since inception as the fastest growing fund in the economy fell by N7bn in January
Pension funds gained N119.68bn from equity in Q4 – PenCom
Pension fund investment gained N119.68bn from equity in the fourth quarter of 2020, the National Pension Commission has revealed. Figures obtained on Monday from the
PTAD pays N6.2 bn, clears arrears of 16,210 pensioners — Exec. Sec
The Pension Transitional Arrangement Directorate (PTAD), on Tuesday, announced it had N6.2 billion, clearing the pension arrears of 16,210 pensioners, according to a statement by
1,877 firms get PenCom’s clearance to do business with MDAs
A total of 1,877 organisations got the National Pension Commission’s clearance for getting appropriate pension and insurance covers for their employees in the fourth quarter
