BY NKECHI NAECHE-ESEZOBOR--The National Pension Commission ( PenCom) said N361.73 billion were received in Q3 2021 as monthly pension contributions for RSA Fund I, II, III V and VI-Active.
The commission in its third quarter report noted that the amount was an increase compared to the total contributions of N306.63 billion recorded in Q2 2021.
On interests/coupons and dividend, the commission said it received on investments in fixed income securities amounted to N229.48 billion in Q3:2021.
The amount indicated a 13.23% increase
when compared to the sum of N202.67 billion recorded in Q2:2021.
The commission attributed the growth
to additional investments and an increase in yields on investments in fixed Income Securities for the period.
Furthermore, dividends of N9.65 billion
were received in RSA Active Funds in Q3:2021.
