April 29, 2025
  1. Home
  2. PenCom

Tag: PenCom

PenCom Raises Alarm Over N1.3bn Pension Debt in Media Industry

PenCom Raises Alarm Over N1.3bn Pension Debt in Media Industry

The Director-General of the National Pension Commission (PenCom), Omolola Oloworaran, has disclosed that newspaper organisations in Nigeria owe retired journalists more than N1.3 billion in unpaid pension contributions. A statement issued in Abuja on Tuesday…

Contributory Scheme Gathers Steam as Pension Assets Surge Past ₦23tn

Contributory Scheme Gathers Steam as Pension Assets Surge Past ₦23tn

The National Pension Commission (PenCom) has recovered ₦1.58 billion from defaulting employers through intensified enforcement efforts, even as assets top N23 Trillion. The Director General of PenCom, Ms Omolola Oloworaran, disclosed this during the First…

Pension Industry Assets Hit N22.51tn as Commission Expands Investment Focus

Pension Industry Assets Hit N22.51tn as Commission Expands Investment Focus

The Director General of the National Pension Commission (PenCom), Ms. Omolola Oloworaran, has disclosed that the Nigerian pension industry has committed N5.51 trillion to asset classes that support long-term financing in the real sector. The…

PenCom Calls on States to Fast-Track Implementation of Pension Reforms

PenCom Calls on States to Fast-Track Implementation of Pension Reforms

The National Pension Commission (PenCom) has called on states and local governments to implement the Contributory Pension Scheme (CPS) to ensure financial security for retirees across Nigeria. This appeal was made in a statement issued…

Pension Fund Operators Pledge Compliance with PenCom’s 3-Day Rule to Pay Retirees

Pension Fund Operators Pledge Compliance with PenCom’s 3-Day Rule to Pay Retirees

The Pension Fund Operators Association of Nigeria (PenOp) has assured the National Pension Commission (PenCom) that its members will comply with the directive mandating pension benefit payments within three working days of receiving complete applications.…

FG Restates Commitment to Timely Payment of Retirement Benefits

FG Restates Commitment to Timely Payment of Retirement Benefits

The National Pension Commission (PenCom) has restated its commitment to timely payment of retirement benefits. Speaking at a press conference in Abuja on Thursday, Director-General (D-G) of the Commission, Ms Omolola Oloworaran said the Contributory…