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Workers withdrew N2.18bn from retirement pension accounts in Q3 – PenCom

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The National Pension Commission (PenCom) has said in its 20202 third quarter report that about 1,286 employees enrolled in the Contributory Pension Scheme (CPS)...

Legality of govt’s raid on pension funds

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Tayo Oke   Pension funds, by definition, are monies put aside on behalf of employees, which are then paid to them in monthly instalments upon retirement...

4, 657 employers issued compliance certificates in three months – PENCOM

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The National Pension Commission has issued compliance certificates to 4,657 employers in three months. The commission disclosed this in its third quarter report on ‘Update on compliance by the...

States withhold employees’ N3.4 billion pension fund

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Ime Akpan The National Pension Commission (PENCOM) has accused some states of not remitting over N3.4 billion pension funds deducted from the workers’ pay under the contributory...

PenCom prepares staff in FCT, Niger for retirement

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The National Pension Commission (PenCom) yesterday held a pre-retirement workshop for prospective retirees in the Federal Capital Territory (FCT) and Niger states who leave service in...
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