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Pension fund gains N1.17trn, hits N19.53trn

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The pension fund has appreciated by N1.17 trillion to N19.53 trillion as at January 31, as against N18.36 trillion recorded in December 31, 2023. This...

PenCom’s assets hit N16trn – DG

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The Contributory Pension Scheme (CPS) assets have hit N16 trillion, says the National Pension Commission (PenCom). Director-General of PenCom, Mrs Aisha Dahir-Umar, stated that pension...

FG releases N13.89bn pension for 2022 retirees

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The National Pension Commission (PenCom), on Thursday, said the Federal Government had released N13.89 billion for payment of Accrued Pension Rights (APRs) of 2022...

PenCom: Pension fund assets hit N14.27trn with 9.7m contributors

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A total number of registered pension fund contributors stand at 9,795,957 while the value of assets hits N14.27 trillion respectively, as at June 2022. Director-General...

PenCom pays N326bn as retirement benefits in 2021

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The National Pension Commission (PenCom) says it has paid N326.32 billion as retirement benefits in 2021. This was disclosed via the commission’s 2021 annual report,...

Pension administrators generated N125bn in 2021 – PenCom

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Pension Fund Administrators (PFAs) earned N125.39 billion in the financial year ended December 31, 2021, the National Pension Commission (PenCom) said in a report. PenCom stated...

FG pays N16.67bn accrued pension rights to 2021 retirees

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The Federal Government on Wednesday released N16.67 billion for the payment of accrued pension rights to 2021 retirees of Treasury-funded Ministries, Departments and Agencies...
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