Tag: PENCOM
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Reps move to recover N10trn pension fund
The House of Representatives has resolved to investigate the state of pension funds and to recover the N10 trillion loaned to the Federal Government.
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FG releases N13.89 billion pension for 2022 retirees
The National Pension Commission (PenCom), on Thursday, said the Federal Government had released N13.89 billion for payment of Accrued Pension Rights (APRs) of 2022 retirees of Ministries, Departments and Agencies (MDA’s).
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Akeredolu mourns Ondo PENCOM Chairman, Anthonia Smart
Gov. Oluwarotimi Akeredolu of Ondo State, on Sunday commiserated with the State Pension Commission (PENCOM) over the demise of its part-time Chairman, Dr (Mrs) Anthonia Smart. Akeredolu said he was personally touched by her death, according to a Press statement issued by his Chief Press Secretary, Mr Richard Olatunde, in Akure. “It is a huge,…
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PenCom denies least paid staffer receives N3 million monthly
The National Pension Commission (PenCom) said that the highest paid official of the commission earns less than N1million a month, an official has said.
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MTEF 2023 – 2025: Contributory pension scheme hits N14.5trn in 2022 – DG PENCOM
…as Reps query N1.7bn administrative charges The National Pension Commission (PENCOM) has said that the Contributory pension scheme has hit N14.5 trillion. Also, Members of the House of Representatives committee Finance queried N1.7bn spent by the commission on administrative charges. TheNewsGuru.com, (TNG) reports Director General of PENCOM, Aisha Dahiru-Umar, revealed this during the interactive…
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Why our DG didn’t appear before House of Representatives – PenCom
The National Pension Commission (PenCom) on Saturday explained why its Director-General, Mrs Aisha Dahir-Umar, did not appear before the House of Representatives committee on Finance on Thursday. A statement signed by the commission’s head of Corporate Communications Department, Mr Abdulqadir Dahiru, in Lagos stated that the director-general was absent because she was out of town…
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Pension fund assets rise to N13.61 trn, as RSA holders reach 9.55m in January – PenCom
The National Pension Commission (PenCom) says pension fund assets rose to N13.61 trillion as at January 31. This is contained in an unaudited report on pension funds industry portfolio for the period ended January 31, published on PenCom’s website.
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NPF has no reason to leave Contributory Pension Scheme – PenCom
Mrs Aisha Dahir-Umar, the Director-General (D-G), National Pension (PenCom), says that the Nigerian Police Force (NPF) has no reason to exit the Contributory Pension Scheme (CPS). Dahir-Umar spoke at a public hearing on a bill to exclude the NPF from CPS as well as allow a retiree to be paid at least 75 per cent…
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Alleged disbursement of N33b to PFAs: Again PENCOM Team Fails to Tender Documents
From Jonas Ike, Abuja …As Reps Grill Head of Contributory Scheme. For the third time, the management team of National Pensions Commission PENCOM has failed to tender all the requested documents by the House or Representatives Ad-hoc Committee probing alleged infractions into the activities of the agency. At the resumed investigative hearing of the Johnson…