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PenCom automates pre-retirement verification and enrolment exercise

The National Pension Commission (PenCom) has created an online application which automates the Annual Pre-Retirement Verification and Enrolment Exercise for retirees/ prospective...

FG retirees not paid pensions since March 2020 – PenCom

Most Federal Government workers that retired from March 2020 to March 2021 have not been paid their pensions. 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...

118,044 retirees withdraw N29.26bn, leave pension scheme

A total of 118,044 retirees withdrew N29.26bn from their Retirement Savings Accounts and left the Contributory Pension Scheme because they had low...

Pension assets rose by N184.68bn in three months — PenCom

Total assets under the Contributory Pension Scheme rose by N184.68bn in the third quarter of 2020. The National Pension...

COVID-19 frustrates physical verification of FG intending retirees

The National Pension Commission, on Tuesday, said it was unable to conduct the annual physical verification/enrolment exercise of employees of Ministries, Departments...

Pension contributors withdraw N14.79bn as job losses rise

About 26,458 workers who lost their jobs since the COVID-19 pandemic started taking its toll on the economy withdrew N14.79bn from their...

PenCom allows contributors to change pension companies

The National Pension Commission has said it has concluded arrangements for the take-off of Retirement Savings Account transfers. A...

Fixed Income, Currency Markets Decline To N164.32trn In Q3

Turnover in the Nigerian fixed income and currency (FIC) markets dropped by 26.76 per cent to N14.07 trillion in September 2020, according...

PenCom Okays N19.85bn For 6,006 Retirees In Q2

The National Pension Commission has said it approved N19.85bn as lump sum payment for 6,006 retirees in the second quarter of 2020.

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