Pension

144 Articles
Pension

IWD 2026: Save Small, Gain Big: PenCom Offers Women Up to N20,000 Pension Support

(Middle) Director-General,  Ms. Omolola Oloworaran at the event with some of the women. BY NKECHI NAECHE-ESEZOBOR—In the bustling lanes of Mile 12 Market...

Pension

FG Approves 100% Gratuity for Retiring Federal Civil Servants

The Federal Executive Council has approved the implementation of an Exit Benefit Scheme that will grant retiring federal civil servants a gratuity equivalent...

Pension

PenCom DG Meets Finance Minister to Strengthen Nigeria’s Pension System

From left: Director General, National Pension Commission (PenCom), Omolola Oloworaran with the  Honourable Minister of Finance and Coordinating Minister of the Economy, Wale...

Pension

PenCom Licenses Awabah as Nigeria’s First Accredited Pension Agent

BY NKECHI NAECHE-ESEZOBOR—The National Pension Commission (PenCom) has officially licensed Awabah as Nigeria’s first Accredited Pension Agent (APA) under the Personal Pension Plan...

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...