Pencom

September 21, (THEWILL) — The Federal Government plans to issue a N758bn bond before the first week of October to clear outstanding pension liabilities, the National Pension Commission has disclosed.   This was disclosed at a press briefing in Abuja by...

August 24, (THEWILL) — The National Pension Commission has warned Pension Fund Administrators (PFAs) against investing in the Additional Tier-1 Capital of Deposit Money Banks. The warning was conveyed in a circular addressed to all licensed Pension Fund Operators, which...

June 22, (THEWILL) – It is evident that the National Pension Commission (PenCom) has stepped up  measures to deal with those whose actions sabotage the 21-year-old scheme. The Commission recently said it will blacklist organisations that fail to meet their pension...

June 17, (THEWILL) – The National Pension Commission (PenCom) has disclosed its partnership with the Office of the Head of the Civil Service of the Federation (OHCSF) to introduce a Gratuity Framework for civil servants in treasury-funded Ministries Departments...

May 26, (THEWILL) – As the June 1, 2025 take-off date for enforcement of the new benefits approval process draws near, the Pension Commission of Nigeria (PenCom) will, as usual, leverage on technology to drive the regulation.   Pursuant to its...

March 16, (THEWILL) – In a major policy overhaul, the National Pension Commission (PenCom) has issued a new directive that grants Pension Fund Administrators (PFAs) the full authority to approve and process several categories of retirement benefits without...

December 22, (THEWILL) - Amid prevailing economic hardship across the country, the National Pension Commission (PenCom) has embraced tech-driven initiatives in its regulation of the pension industry. This is in pursuit of its mandate of ensuring that retirement benefits...

October 14, (THEWILL) – Nigeria’s contributory pension scheme (CPS) which marks its 20th anniversary this year (2024) has not only repositioned the pension industry and impacted the economy in a positive way; it has put the apex regulatory body,...

October 02, (THEWILL) – The National Pension Commission (PenCom) has granted approval for the merger between ARM Pension Managers (PFA) Limited and Access Pensions Limited to form a new entity. Announcing the approval in a statement on Tuesday, PenCom...

August 31, (THEWILL) – The National Pension Commission (PenCom) has called on employers to file complete remittance documentation of their employees before December 31, 2023.or face sanctions. PenCom disclosed this in a document on Wednesday sent to concerned employers...