The National Pension Commission (PenCom) has been rated high in the 2023 Ethics and Integrity Compliance Scorecard (EICS) for Ministries, Departments, and Agencies (MDAs) of government. PenCom was rated high among the 50 regulatory agencies in Nigeria, assessed by the Independent Corrupt Practices and Other Related Offences Commission (ICPC). The Commission...
The Pension Fund Operators Association of Nigeria (PenoP) have emphasised the need for corporate organisations to prioritise mental health plans in their workplaces. PenoP made the call over the weekend during a webinar it organised titled "Mental Health, Managing Stress and Depression" to educate professionals within the pension industry on...
The National Pension Commission (PenCom) said, it has recovered a total sum of N24,533,339,305.09 comprising principal contributions (N12,440,682,240.91) and penalties (N12,092,657,064.18) from defaulting employers since the commencement of the recovery exercise in June 2012. Pencom disclosed this at its annual workshop for the Pension Correspondents Association of Nigeria (PENCAN), Abuja...
The Pension Fund Operators Association of Nigeria (PenOp) has said that the policy by the National Pension Commission to use 25 per cent of Retirement Savings Account (RSA) balance for mortgage would reduce the current housing deficit in the country. Chief Executive Officer, Pension Fund Operators Association of Nigeria (PenOp),...
The Management of the National Pension Commission (PenCom) has set December 31, 2023, as the final date for the remittance of outstanding Pension Contributions into the accounts of Pension Fund Administrators (PFAs). PenCom in a statement on Wednesday said, appropriate regulatory actions would be taken against employers who fail to...
The Director, Civil Service Pension Department (CSPD) of the Pension Transitional Arrangement Directorate (PTAD), Mr. Sulayman.Y. Shelleng has taken over as the Acting Executive Secretary of PTAD. Shelleng took over from the former Executive Secretary, Dr. Chioma Ejikeme, on Monday August 28th, 2023, after the expiration of her four year...