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15 states commence implementation of key provisions of CPS –PenCom

15 states commence implementation of key provisions of CPS –PenCom

Maduka Nweke The Acting Director General of the Pension Commission, Mrs. Aisha Dahir-Umar, has expressed satisfaction with the performance of some states in the Contributory Pension Scheme (CPS). Speaking during a forum for compliance officers and stakeholders of the industry recently in Lagos, Danita-Umar, stated that a total of 24 states of the federation have […]
The post 15 states commence implementation of key provisions of CPS –PenCom appeared first on The Sun Nigeria. …

Pencom crisis: Beyond the youth protest

It is no longer news that some young men and women numbering hundreds stormed the headquarters of the National Pension Commission (PenCom) a few weeks ago to protest what they termed illegal suspension of the employment of some 43 youth, whom they claimed were duly recruited by the Commission. They grieved over Mustapha Ajiya#, said to have died, unable to afford medical care while awaiting the lifting of their assumption of duty.
Continue reading Pencom crisis: Beyond the youth protest at Vanguard News. …

PenCom urges states to embrace contributory pension

PenCom urges states to embrace contributory pension

NAN The National Pension Commission (PenCom) on Thursday advised the state governments yet to key into the Pension Contribution Scheme (CPS) to do so for effective pension administration. The Acting Director-General of PenCom, Mrs Aisha Dahir-Umar, gave the advice at the third Quarter of 2018 Consultative Forum in Lagos. The News Agency of Nigeria (NAN) […]
The post PenCom urges states to embrace contributory pension appeared first on The Sun News. …

PenCom releases N86.7bn to over 275,000 sacked workers

PenCom releases N86.7bn to over 275,000 sacked workers

The National Pension Commission said it had released N86.7 billion to sacked workers of various companies who participated in the Contributory Pension Scheme. Acting Director-General, PenCom, Mrs Aisha Dahir-Umar, who disclosed this on Monday in Lagos, said the amount was for the settlement of 275,172 disengaged workers. She said the figure represented the total paid […] …

PenCom recovers N14.76bn outstanding contributions

PenCom recovers N14.76bn outstanding contributions

The acting Director General of the National Pension Commission, Mrs Aisha Dahiru-Umar, says its appointed recovery agent has recovered N14.76 billion outstanding pension contributions and penalties. Dahiru-Umar disclosed this at a one-day interactive session with the organised private sector on “Challenges and Future Outlook of the Pension Reform Act (PRA 2014)” in Lagos on Tuesday. […] …

PENCOM Recruitment: Group says commission misleading presidency

The Nigerian Youth for Change, has faulted the claims of the acting director-general of the National Pension Commission (PENCOM), Mrs. Aisha Dahiru-Umar that 43 persons employed by the previous management of the commission were turned back from their employment upon the directive of the House of Representatives on alleged non compliance with federal character principles.
Continue reading PENCOM Recruitment: Group says commission misleading presidency at Vanguard News. …

Micro pension: PenCom eyes 30m low earners, others

Micro pension: PenCom eyes 30m low earners, others

• Explains reasons for suspending recruitment The micro pension plan is targeting about 30 million people, including low-income and high-income earners by 2024,  National Pension Commission (PenCom) Acting Director-General, Mrs Aisha Dahir-Umar has said. The Acting DG, who spoke at a seminar organised by Business Today Online in Lagos, said the Commission is also targetingRead More
The post Micro pension: PenCom eyes 30m low earners, others appeared first on The Nation Nigeria. …

PenCom eyes 10% pension assets’ contribution to GDP

PenCom eyes 10% pension assets’ contribution to GDP

The National Pension Commission (PenCom) yesterday said it is putting in place measures that would raise the contribution of pension funds to the country’s Gross Domestic Product (GDP) from five per cent presently, to about 10 per cent by next year. The Acting Director-General of the Commission, Mrs. Aisha Dahiru-Umar, who stated this in aRead More
The post PenCom eyes 10% pension assets’ contribution to GDP appeared first on The Nation Nigeria. …

PenCom gives reasons for reviewing voluntary contributions

PenCom gives reasons for reviewing voluntary contributions

Nike Popoola The National Pension Commission has said it reviewed the circular on voluntary contribution to allow workers to save more funds that will guarantee enhanced pensions. The Acting Director-General, PenCom, Aisha Dahir-Umar, said this while explaining the reasons for the change in the circular on voluntary contributions. She said, “The main thrust of the […] …

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