There are indications that more retirees in the country have opted for annuity plans with insurance companies in the country as the industry is revealed to...
The total assets under the Contributory Pension Scheme (CPS) rose to N9.32tn as of the end of June 2019, Figures obtained from the National Pension Commission...
The National Pension Commission, PenCom, has revealed that about 16,536 private organisations were issued the commission’s certificate of compliance for the 2018 financial year. PenCom revealed...
The Nigeria Union if Contributory Pensioners, NUCP, has called for the scrapping of the current pension scheme and a reversal to the old system. The NUCP...
Since the inception of the Contributory Pension Scheme, relatives of 50,811 dead workers have been paid claims totalling N156.12bn as of the end of June 2018,...
State governments have borrowed a total of N151.95 billion of the total pension fund assets invested by pension fund operators in the country as of June...
ONE of the major challenges threatening the Contributory Pension Scheme, CPS, introduced in 2005 following the Pension Reforms, PRA, 2004, is non-remittance of deducted contributions by...
The National Pension Commission has set out modalities for the administration of retirement benefits of professors and public office holders to earn their last salaries as...
MORE than 90,000 federal government employees could be forced to create pension queues again which the Contributory Pension Scheme, CPS, had eliminated. This is because the...
