N12.14trn invested in FG securities as pension fund hit N19.53trn, gain N1.17trn in Jan.
March 12, 2024 The pension fund assets rose by N1.17 trillion to N19.53 trillion in Jan. 31, as against N18.36 trillion recorded in Dec. 31, 2023. This is contained in…
PenCom recovers N24.53bn pension contributions from defaulting employers
May 18, 2023 The National Pension Commission (PenCom) has recovered about N24.53 billion as pension contributions owed workers by defaulting employers. The Director-General of PenCom, Mrs Aisha Dahir-Umar, made the…
WE’VE PAID OVER N38 BILLION TO 9,865 RETIREES FROM MAY 2019 TO DATE – LASG
April 1, 2022 The Commissioner for Establishments, Training and Pensions, Mrs. Ajibola Ponnle, has disclosed that since the inception of Governor Babajide Sanwo-Olu’s Administration, the Lagos State Government has paid…
Lawmaker calls for exemption of the NPF from the contributory pension scheme
Feb. 23, 2022 Rep. Francis Waive (APC-Delta) says operating under the current pension scheme has been unpalatable and regrettable for the retirees of the Nigeria Police Force. The lawmaker made…
LASG pays Over N1 Billion to 287 Retirees
July 2, 2021 The Director-General, Lagos State Pension Commission (LASPEC), Mr. Babalola Obilana, has reiterated the allegiance of the State Government to the welfare of its retirees, stressing that the…
Military, other Security Agencies receive N83.79m pension refunds in Q1, 2019
The National Pension Commission (PenCom) says it has processed 1,469 applications for the refund of pension contributions of Military personnel and other Security Agencies during the quarter ended, 31…
LASG releases Over N600m accrued pension rights to 178 retirees
DG, LASPEC, Folashade Onanuga The Lagos State Government said it released N688 million to 178 retirees in October to offset part of their accrued pension rights. The Director-General, Lagos…
PenCom recovers N465m outstanding pension contributions
Aisha Umar, PenCom DG The National Pension Commission (PenCom) on Tuesday said it had recovered N465.02 million outstanding pension contributions from defaulting employers. PenCom in a statement by…