PenCom

Visible Articles 5 10 15
FG has not borrowed a dime from pension funds, Pencom insists

FG has not borrowed a dime from pension funds, Pencom insists

By Luminous Jannamike, Abuja The National Pension Commission (Pencom) has said that the Federal Government has not borrowed money from any pension fund administrator in the country. This, the Commission said, was to address complaints and rumours in some quarters that a large chunk of the government’s recurrent spendings were done by borrowing from pension […]

Only 4 states complying with Contributory Pension for workers — PenCom

Only 4 states complying with Contributory Pension for workers — PenCom

By Rosemary Iwunze There are indications that only four states, namely Lagos, Kaduna, Edo and Benue, remitted their workers pension contributions fully as at December 2021, in line with the mandate of the Contributory Pension Scheme, CPS. According to the 2021 fourth quarter report, Q4’21, released by the National Pension Commission, PenCom, five other states […]

PenCom reviews Pension Reform Act 2014

PenCom reviews Pension Reform Act 2014

The National Pension Commission (PenCom) has reviewed the Pension Reform Act 2014 (PRA 2014) as a prelude to advancing legislative action on the Bill. This is contained in a statement by Peter Aghahowa, Head, Corporate Communications of PenCom, on Monday in Abuja. He said that PenCom organised the retreat on the review of PRA 2014 […]