A Nigerian newspaper and Online version of the Vanguard, a daily publication in Nigeria covering Nigeria news, Niger delta, general national news, politics, business, energy, sports, entertainment, fashion,lifestyle human interest stories, etc
***Devises new methods of verification By Victor Ahiuma-Young National Pension Commission, PenCom, has announced its inability to verify employees of Treasury Funded Ministries, Departments and Agencies, MDAs, of the Federal Government that are due to retire from service between January and December 2021, due to Coronavirus pandemic, COVID-19. However, the commission said it is putting
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Following the launch of the pension transfer window by the National Pension Commission (PenCom) recently, over 2, 100 Retirement Savings Account (RSA) holders have applied to move their pension accounts from their current Pension Fund Administrators (PFAs) to a new one.
Read More As PenCom pays N20bn to the dead By Peter Egwuatu ECONOMY THE National Pension Commission, PenCom, recorded fund withdrawals by pensioners amounting to N14.96 billion through 26,458 Retirement Savings Account (RSA) holders under the age of 50 in the last nine months. This represents an increase of N1.5 billion or 11.14 percent from N13.46 billion
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The Federal Government has inaugurated 16 members of National Pension Commission (PENCOM) board, to proffer innovative and feasible solutions to the challenges of the pension administration in Nigeria. Mr Boss Mustapha, Secretary to the Government of the Federation (SGF), at the inauguration on Thursday in Abuja, said members of the board were also urged to
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The National Pension Commission (PenCom) will officially launch Retirement Savings Account (RSA) transfer system, under the Contributory Pension Scheme (CPS) on Nov. 16.
The Head Corporate Communication, PenCom, Mr Peter Aghahowa, made this known in a statement in Abuja on Monday.
Read More The National Pension Commission (PenCom) has appealed to all active Retirement Savings Account (RSA) holders and retirees to cooperate with agents that would be visiting their organisations to carry out the Data Recapture Exercise (DRE) PenCom’s Head of Corporate Communication, Mr Peter Aghahowa, made the appeal via a statement issued in Abuja on Tuesday. He
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Although, the Senate Minority Leader, Enyinnaya Abaribe, rose to reject the President Muhammadu Buhari’s nomination of Mrs. Aisha Dahir-Umar, for a substantive five-year term as Director-General (DG) of the National Pension Commission, PenCom, after serving in acting capacity for almost four years, as a flagrant breach of the provisions of Section 20 (1) and Section 21(1) and (2) of the Pension Reform Act (PRA) 2014, the Senate President, Ahmed Lawan, overruled Abaribe.
Read More The National Pension Commission (PenCom) is set to allow contributors to move their Retirement Savings Account (RSA) through a transfer window from one Pension Fund Administrator (PFA) to another, provided that it is not more than once in a year. PenCom’s Head of Corporate Communication, Mr Peter Aghahowa, made this known in a statement in
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National Pension Commission (PenCom) is set to initiate a review of the Pension Reform Act (PRA) 2014. PenCom’s Head of Corporate Communication, Mr. Peter Aghahowa, made this known in a statement in Abuja on Thursday. He said that the National Assembly repealed the PRA 2004 and enacted the PRA 2014 to address implementation challenges and
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By Victor Young National Pension Commission, PenCom, has reassured pension contributors and the general public of their safety of the pension fund, even as it assured all clients of the First Guarantee Pension Limited, FGPL, that the company has been returned to normality. In a statement announcing the handover of the Pension Fund Administrator, PFA
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