Pencom latest news

PenCom (Pension Commission) is a Nigerian government agency responsible for the administration of pension schemes in the country. Here are some of the latest news and updates from PenCom:

Recent News

  1. PenCom Approves N1.4trn Pension Fund Assets: The National Pension Commission (PenCom) has approved a total of N1.4 trillion as pension fund assets as of December 2022. This represents a 14.3% increase from the N1.2 trillion recorded in December 2021. (Source: Vanguard)
  2. PenCom Introduces New Pension Scheme for Informal Sector Workers: PenCom has introduced a new pension scheme for informal sector workers, aimed at providing a safety net for millions of Nigerians who are not covered by the formal pension system. (Source: ThisDay)
  3. PenCom Warns Against Illegal Pension Operators: PenCom has warned Nigerians against patronizing illegal pension operators, saying that such operators are not licensed to operate in the country. (Source: Leadership)
  4. PenCom Approves N1.2bn Pension Payment to Retirees: PenCom has approved the payment of N1.2 billion to retirees under the Contributory Pension Scheme (CPS). (Source: Daily Trust)
  5. PenCom Launches Online Pension Verification System: PenCom has launched an online pension verification system, aimed at reducing the time and cost of verifying pension claims. (Source: The Nation)

Upcoming Events

  1. PenCom's 2023 Pension Industry Report Launch: PenCom is set to launch its 2023 pension industry report, which will provide insights into the state of the pension industry in Nigeria. (Date: TBA)
  2. PenCom's Stakeholders' Forum: PenCom will hold a stakeholders' forum to discuss issues affecting the pension industry and seek input from stakeholders. (Date: TBA)

Recent Decisions

  1. PenCom Approves Increase in Pension Fund Assets: PenCom has approved an increase in pension fund assets from N1.2 trillion to N1.4 trillion, effective December 2022.
  2. PenCom Introduces New Pension Scheme for Federal Civil Servants: PenCom has introduced a new pension scheme for federal civil servants, aimed at providing a more comprehensive pension package for federal workers.

Please note that the information provided is subject to change and may not be up-to-date. It is always best to check with PenCom's official website or other reliable sources for the latest information.