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 is collaborating with the Pension Operators in the country to introduce adequate incentives that would attract the over 48 million workers in the informal sector to be captured into the Micro Pension Plan (MPP) of the Federal Government. PenCom's Director General, Mrs. Aisha...
The National Pension Commission (PenCom), Pension Fund Administrators (PFAs), and other industry stakeholders are set to discuss the future of micro pension scheme at the First pension conference organised by the Pension Correspondents Association of Nigeria (PENCAN), Abuja Chapter. PENCAN President, Nana Musa in a statement on Tuesday said, the...
The Pension Operators Association of Nigeria (PenOp) has faulted the Police Pension Board Bill recently passed by the National Assembly; describing it as retrogressive and unsustainable. PenOp's Chief Executive Officer, Oguche Agudah who faulted the passage of the bill in a statement said, the bill would take the industry back...
The National Pension Commission (PenCom) is resolute in its commitment to extend pension coverage to about 75million workers in the informal sector under the Micro Pension Plan (MPP). PenCom Director General, Mrs Aisha Dahir-Umar, restated the commitment at the Micro Pension Open Day Event held on Friday in Lagos. Organised by the...
The Pension Transitional Arrangement Directorate (PTAD) has finally launched the much talked about “I Am Alive” Confirmation (IAAC) Solution for pensioners under the Defined Benefits Scheme (DBS), eight months after the pilot phase. Executive Secretary, PTAD, Dr. Chioma Ejikeme announced the full roll-out of the “I Am Alive” Confirmation Solution...
The Management of the National Pension Commission (PenCom) has warned Nigerians to beware of the Illicit activities of the Association of Pension Desk Practitioners of Nigeria (ASSOPEP). PenCom in a statement noted that the claims by ASSOPEP of resolving pension issues and assisting retirees in securing their retirement benefits were...
The National Association of Nigerian Students (NANS) has inducted the Director General (DG) of the National Pension Commission (PenCom), Mrs Aisha Dahir-Umar, into the Association’s Hall of Fame. NANS also conferred on Mrs Dahir-Umar the NANS Merit Award for her contributions to national development and support for young people and...
The Federal Government has graciously released the sum of N13.89 billion for the payment of Accrued Pension Rights of 2022 retirees. This was announced by the Management of the National Pension Commission (PenCom) in a statement on Thursday, January 5, 2023 in Abuja. PenCom informed that all its stakeholders, particularly retirees...
The Pension Transitional Arrangement Directorate (PTAD) said, it has paid a total of N12,393,567,595.80 (Twelve Billion Three Hundred and Ninety-Three Million Five Hundred and Sixty-Seven Thousand Five Hundred and Ninty-Five Naira Eighty Kobo only) representing 15-month settlement of inherited unfunded pension liabilities to 11,145 Nitel/Mtel pensioners. PTAD Executive Secretary, Dr...