Pensioners under the umbrella of the Nigerian Union of Pensioners (NUP) have commended President Bola Tinubu for reappointing Dr. Chioma Ejikeme as Executive Secretary for the Pension Transitional Arrangement Directorate (PTAD). The Union's position was disclosed in a statement signed by its National President, Comrade Godwin Abumisi on Wednesday. TheFact Daily...
The Director-General of the National Pension Commission (PenCom), Mrs Aisha Dahir-Umar has seen as unnecessary the call by some government agencies to exit the Contributory Pension Scheme (CPS). Mrs. Dahir-Umar's view was contained in a Book she recently published titled: “Fighting for the Future: Nigeria’s Pension Reform Journey”. She noted that...
The Pension Transitional Arrangement Directorate (PTAD) has announced the payment of N846,146,987.71 to 2,730 pensioners of the Civil service Pension Department of an accrued arrears and gratuity owned the pensioners. PTAD's Head of Corporate Communications, Olugbenga Ajayi disclosed the development in a statement on Friday. The arrears paid to the retirees, according...
The National Pension Commission (PenCom) has warned against the use of touts and agents by employers and companies seeking to obtain Pension Clearance Certificates. PenCom in a statement on Friday warned that the use of touts and agents to obtain Pension Clearance Certificate was illegal and contrary to the provisions...
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...
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 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 Management of the National Pension Commission (PenCom) has refuted the reports of financial impropriety against its Director General, Mrs Aisha Dahir-Umar. PenCom in a statement on Sunday, July 30, 2023, alerted the public on the renewed campaign of calumny against the Commission and the DG. The Commission said, it was...
The Pension Transitional Arrangement Directorate (PTAD) has disclosed plans to commence the implementation of the back-end Computation of pensioners of the Power and Transport Sectors in August, 2023. This was disclosed by the Head, Corporate Communications, PTAD, Mr. Gbenga Ajayi in a statement on Friday. PTAD, according to the statement, said,...