Tag: Pencom
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PenCom okays N13.21bn for annuity retirees
The National Pension Commission (PenCom) has approved a total sum of N13.21bn to fulfil the payment for annuity retirees in the first quarter of 2022. Data obtained from the commission’s quarterly report on ‘Retiree life annuity’ discloses this. “The commission granted approval to 3,264 retirees under the retiree life annuity during the quarter under review.…
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Pension Fund Assets accumulate N186bn in Five Months
The Nigeria Pension Fund Assets under the Contributory Pension Scheme (CPS) have accumulated N186 billion in five months. This came to the public through a data obtained from the National Pension Commission (PenCom). It shown that as at May 31, 2021, the pension fund assets stood at N12.5 trillion from N12.306 recorded last year December.…