131,376 retirees withdraw N32bn, quit pension scheme
At least 131,376 workers, who retired from active service, cannot be placed on monthly pensions, according to the National Pension Commission. Figures obtained from PenCom
Category : Pencom
Over 63,000 aggrieved contributors dump PFAs, transfer N226.98bn
No fewer than 63,728 workers under the Contributory Pension Scheme that were displeased with their Pension Fund Administrators have changed their pension companies since the
PenCom to fine PFAs over pensioners’ delayed payment, others
The National Pension Commission has vowed to sanction Pension Fund Administrators over the spate of delays in the payment of pension benefits, among other related
Contributory pension assets rise by N340bn, hit N13.76tn
The total assets under the Contributory Pension Scheme gained N340bn in two months and rose to N13.76tn as of the end of February. This was
We inherited N129.48bn pension liabilities –PTAD
The Pension Transitional Arrangement Directorate in charge of the Defined Benefits Scheme under the Federal Government has said it inherited pension liabilities totalling N129.48bn. This
Contributory pension assets hit N13.18tn, says PenCom
Assets under the Contributory Pension Scheme rose to N13.18tn at the end of October last year from N12.3tn in December 2020, data obtained from the
PFAs transferred N48bn pension assets in Q2 2021 – PenCom
The National Pension Commission (PenCom) said the total pension assets transferred amongst Pension Fund Administrators (PFAs) as at June 2021, were valued at about N
Pension: 1,209 deceased workers’ relatives get N6.28bn
The relatives of 1,209 deceased workers were paid N6.18bn under the Contributory Pension Scheme from April to June last year. The National Pension Commission disclosed
Pension contributors rose by 245,385 in nine months – PenCom
The number of workers with pension accounts under the Contributory Pension Scheme rose by 245,385 in nine months to 9,461,173. The latest data obtained from
PFAs invest N155.44bn pension funds in real estate
Pension Funds Administrators have invested N155.44bn out of the total funds under the Contributory Pension Scheme in real estate properties as of the end of
