pension

PenCom Mandates PFAs to Process Pension Benefits Within Two Working Days

PenCom Mandates PFAs to Process Pension Benefits Within Two Working Days

The National Pension Commission (PenCom) has announced a major policy reform aimed at accelerating the payment of retirement benefits to… Read More

3 months ago

FG Releases N22 Billion for 2024 Pension Payments

  The Federal Government has taken another step toward addressing accrued pension rights under the Contributory Pension Scheme, releasing an… Read More

5 months ago

Everlasting Comfort for Ex Governors: The Cost of Politicians’ Diamond-Encrusted Pensions

As Nigeria grapples with economic challenges, a spotlight has been cast on the pensions awarded to former state governors. The… Read More

10 months ago

Lagos clears N4.5bn pension arrears for 2,000 retirees

The Lagos State government has effectively cleared all pension backlogs with the payment of N4.462 billion to 2,000 retirees. Governor… Read More

12 months ago

PFAs invest N1.779tn in money market instruments to strengthen economy, secure pensioners’ future

As of the end of March 2024, Pension Fund Administrators (PFAs) in Nigeria have strategically invested N1.779 trillion of the… Read More

1 year ago

Wills Compulsory to Access Pension Contributions, Cordros Wealth Manager Warns

  Nigeria’s contributory pension scheme (CPS), in which employees and employers pay a certain percentage of the employees’ monthly earnings… Read More

5 years ago

Work Till You’re 65 and Die at 67: Scary Report Shows How Work Affects Life Expectancy

Imagine working as long as you possibly can, or until your maximum retirement age, to ensure you have sufficient funds… Read More

6 years ago