Pension

140 Articles
Pension

PenCom, PFAs To Introduce Self-Service Platform for Pension Data Recapture

BY NKECHI NAECHE-ESEZOBOR—The National Pension Commission (PenCom), in collaboration with Pension Fund Administrators (PFAs), will launch a self-service online data recapture application known...

Pension

PenCom Increases NSITF Retirees’ Monthly Pensions from ₦12.56m to ₦159.95

BY NKECHI NAECHE-ESEZOBOR-The National Pension Commission (PenCom) has approved a landmark upward review of pensions for 2,116 retirees under the Nigeria Social Insurance...

Pension

Cornerstone Insurance Strengthens Market Position with Lasaco Annuity Takeover

BY NKECHI NAECHE-ESEZOBOR—Cornerstone Insurance Plc has officially taken over Lasaco Assurance Plc’s annuity business and assured customers of timely annuity payments. Group Managing...

Pension

PenCom Directs PFAs to Appoint Auditors, Actuaries for AES and ABS

The National Pension Commission (PenCom) has issued a new circular directing all Pension Fund Administrators (PFAs) to ensure that Trustees and Sponsor Companies...

Pension

Nigeria’s Pension Assets Rise 17% to ₦26.66trn in 10 Months

Nigeria’s pension fund assets have risen by 17% to N26.66 trillion  in the first 10 months of 2025, driven by increased contributions and...

Pension

Kaduna Clears ₦13.5bn Pension Liabilities, Deepens Collaboration With PenCom During Courtesy Visit

BY NKECHI NAECHE-ESEZOBOR—The Kaduna State Government has reaffirmed its commitment to the welfare, dignity, and security of pensioners, announcing the clearance of over...

Pension

PenCARE: 30,000 Retirees To Benefit from PenCom’s Free Healthcare Initiative

BY NKECHI NAECHE-ESEZOBOR—To ensure pensioners live a good life in retirement, the National Pension Commission (PenCom), said about 30,000 retirees under the Contributory...

Pension

Pension Reforms Yield Results As PCC Issuance Jumps To ₦233bn In Q3

BY NKECHI NAECHE—ESEZOBOR—The National Pension Commission (PenCom) has reported a significant surge in the issuance of Pension Clearance Certificates (PCCs), recording about ₦233...