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…
The Kano State Pension Board has cleared over ₦21 billion in pension liabilities from the ₦48.6 billion debt inherited from previous administrations. This was disclosed by the Executive Chairman of the Kano State Pension Fund…
The Bayelsa State Government has directed the Local Government Service Commission and Pensions Board to issue pre-retirement forms to affected staff three months before their retirement dates. Deputy Governor Mr. Lawrence Ewhrudjakpo issued the directive…
Governors Abba Yusuf (Kano), Umaru Bago (Niger), and Umar Namadi (Jigawa) were honoured on Tuesday with the ‘Pensioners-Friendly Governors’ award by the Nigeria Union of Pensioners (NUP). The awards were presented during the NUP’s 12th…
The Nigeria Union of Pensioners (NUP) has commended President Bola Tinubu for recent measures aimed at overhauling pension administration in Nigeria. Speaking at the union’s 12th Quadrennial National Delegates’ Conference held on Tuesday in Kano,…
Governor Uba Sani of Kaduna State has approved the release of N3.8 billion to the State Pension Bureau for the immediate payment of gratuities, death benefits, and accrued pension rights under the contributory pension scheme.…
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…
The Pension Transitional Arrangement Directorate (PTAD) has disbursed over N1.6 billion to 776 verified and eligible next of kin (NoK) of deceased pensioners under the Defined Benefit Scheme (DBS). In a statement issued in Abuja…
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.…
