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States, others not funding 3.5 million workers' pension – PenCom – Punch Newspapers

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The National Pension Commission has faulted states and some private companies for not funding 3.5 million pension accounts opened by their workers as of the end of 2020.
The implication of this default is that the workers under this category would retire without having any pension to depend on in their vulnerable old age.
Figures obtained from the commission on Monday on its review of monthly report of unfunded Retirement Savings Accounts showed the status of the unfunded pension accounts as of the end of 2020.
Total workers under the Contributory Pension Scheme stood at 9.2 million as of the end of 2020 according to the commission. ....

Nigeria General , National Pension Commission , Pension Fund Administrators , Retirement Savings Accounts , Contributory Pension Scheme , Contribution Reconciliation Accounts , Transitional Contributory Funds , Defined Benefit Scheme , State Workers Pension , Latest Nigerian News , Nigeria News , Latest News , End Sars , Reform Sars , Lagos Protest , Protest Near Me , Protests Today , Protests In Nigeria , நைஜீரியா ஜநரல் , தேசிய ஓய்வூதியம் தரகு , ஓய்வு சேமிப்பு கணக்குகள் , பங்களிப்பு ஓய்வூதியம் திட்டம் , பங்களிப்பு நல்லிணக்கம் கணக்குகள் , இடைநிலை பங்களிப்பு நிதி , வரையறுக்கப்பட்டுள்ளது நன்மை திட்டம் , நிலை தொழிலாளர்கள் ஓய்வூதியம் ,

Pension assets soared to N12.3 trillion in December 2020

The National Pension Commission (PenCom) December report has revealed a significant increase in assets under management to N12.3trillion, which represented year-on-year ....

National Pension Commission Pencom , National Pension Commission , Federal Government , Nigeria Securities , தேசிய ஓய்வூதியம் தரகு , கூட்டாட்சியின் அரசு , நைஜீரியா பத்திரங்கள் ,

PenCom moves to reduce unfunded retirement savings accounts

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The National Pension Commission has ordered Pension Fund Administrators to ensure that all remitted contributions are credited into t. ....

National Pension Commission , Pension Fund Administrators , Pension Fund Custodians , Retirement Savings Accounts , Contributory Pension , Latest Nigerian News , Nigeria News , Latest News , End Sars , Reform Sars , Lagos Protest , Protest Near Me , Protests Today , Protests In Nigeria , தேசிய ஓய்வூதியம் தரகு , ஓய்வூதியம் நிதி பாதுகாவலர்கள் , ஓய்வு சேமிப்பு கணக்குகள் , பங்களிப்பு ஓய்வூதியம் , சமீபத்தியது நைஜீரியன் செய்தி , நைஜீரியா செய்தி , சமீபத்தியது செய்தி , முடிவு சர்ச் , சீர்திருத்தம் சர்ச் , லாகோஸ் ப்ரொடெஸ்ட் , ப்ரொடெஸ்ட் அருகில் என்னை ,

Unpaid 20-month pension raises concerns over officers' welfareNigeria — The Guardian Nigeria News – Nigeria and World News

• Nigerian Legion Disowns Protesters
• Pension Board Silent
In and out of service, succour appears far from some serving and retired soldiers and policemen, as their welfare, entitlements and supply of needed equipment and ammunition to do their jobs lingers.
Last week’s protest by ex-soldiers at the Federal Ministry of Finance in Abuja and reported abandonment or desertion from duty, as well as resignations for sundry reasons, could be an indication that Nigeria might be quietly creeping back to its worst military pension administration, which culminated in a major crisis between 2000 and 2004 before it was sanitised by the former President Olusegun Obasanjo administration. ....

Borno State , Nigeria General , Abuja Federal Capital Territory , Anthony Agbas , Aliyu Ahmed , Olusegun Adeniyi , Ahmed Bature , Gabriel Olonishakin , Lafiya Dole , Olusegun Obasanjo , Headquarters At Abuja , Nigerian Army , Armed Forces Salary Structure , National Wages , Police Mobile Force , Security Department Allowance , Wages Commission , Salaries Commission , National Health Insurance Scheme , Armed Forces , Debarment Allowance Committee , Families Welfare Association , National Salaries Income , Coalition Of Concerned Veterans , Army Headquarters , Superintendent Of Police ,

Pension assets rose by N184.68bn in three months — PenCom

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The National Pension Commission disclosed this in its third quarter report on the scheme.
Part of the report read, “The total pension contributions grew by N184.68bn within the third quarter of 2020.
“Out of this total, the public sector accounted for N117.7bn or 63.73 per cent while the private sector contributed N66.98bn or 36.27 per cent.
“The cumulative pension contributions received from both the public and private sectors from inception to the end of the third quarter of 2020, therefore, amounted to N6.37tn, up from the N6.19tn as at the end of the second quarter, 2020, representing a growth of 2.98 per.” ....

National Pension Commission , Retiree Fund , Pension Fund Administrators , Cpfas Fund , Contributory Pension Scheme , Active Fund , Approved Existing Schemes , Pension Assets , Latest Nigerian News , Nigeria News , Latest News , End Sars , Reform Sars , Lagos Protest , Protest Near Me , Protests Today , Protests In Nigeria , தேசிய ஓய்வூதியம் தரகு , ஓய்வு பெற்றவர் நிதி , பங்களிப்பு ஓய்வூதியம் திட்டம் , செயலில் நிதி , அங்கீகரிக்கப்பட்டது இருக்கும் திட்டங்கள் , ஓய்வூதியம் சொத்துக்கள் , சமீபத்தியது நைஜீரியன் செய்தி , நைஜீரியா செய்தி , சமீபத்தியது செய்தி ,