Pencom

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The National Pension Commission (PenCom) has recovered over 24.5 billion Naira, (N24,533,339,305.09) from defaulting employers who failed to comply with the provisions of Pension Reform Act 2014, which makes monthly pension contributions…

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The assets under the Contributory Pension Scheme rose by N1.68tn to hit N15.45tn from N13.76tn in the last one year, dating from February 2022 to February 2023, the Pension Commission (PenCom) has said. PenCom disclosed this in its…

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The National Pension Commission (PenCom) has urged artisans, traders, and other self-employed people to enroll in the Micro Pension Plan of the commission to guarantee a functional retirement system they can rely on. The Head, Corporate…

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The National Pension Commission (PenCom) has notified the general public and relevant Stakeholders of its approval for the acquisition of Access Pension Custodian Limited by First Pension Custodian Limited. PenCom in a statement obtained…

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The National Pension Commission (PenCom)has explained that the absence of the Director General at the Commission's 2021/2022 Budget defence and presentation of the 2023-2025 Medium Term Expenditure Framework/Fiscal Strategy Paper (MTEF/FSP)…

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The House of Representatives Committee on Public Accounts has queried the National Pension Commission (PENCOM)) for not rendering audited accounts from 2013 to 2022. Chairman of the Committee, Wole Oke said that it was wrong that an…

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Imo State government has frowned at reports of fraudulent activities in the state pension scheme and has vowed that soon all issues would be addressed and pensioners would rejoice. This was disclosed by the state commissioner for labour,…

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The total assets in the National Contributory Pension Scheme rose by N640bn in four months to N14.06tn in April, figures released by the National Pension Commission have shown. The Contributory pension scheme is a savings system for…

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The National Pension Commission (PenCom) said it has approved the mergers and acquisitions of some pension fund managers in the country. The regulator, in a statement, said it authorised the acquisition of Investment One Pension Managers…

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The National Pension Commission (PenCom) has said that the Contributory Pension Scheme (CPS) has provisions that can address the challenges being faced by personnel of the Nigeria Police and other Federal Government Agencies on the…