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Tag Archives: PENCOM

PenCom unveils pension revolution 2.0 for retirees

THE National Pension Commission (PenCom) has launched Pension Revolution 2.0 – Stronger Pensions, Stronger Nigeria, a new phase of reforms designed to strengthen Nigeria’s pension system and expand benefits for retirees. Announcing the initiative on Monday via her official X handle, PenCom Director-General, Ms. Omolola Oloworaran, described the reforms as …

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N5.51trn pension Investment to Boost Economy – PenCom

THE Director General (D-G) of the National Pension Commission (PenCom), Omolola Oloworaran, says the N5.51 trillion pension investment will boost the country’s real sector development. This is contained in a statement issued by the management of the commission in Abuja on Tuesday. The investments, she said, span infrastructure, private equity …

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PenCom gives employers Until June 1 to adopt new Pension Remittance Process

THE National Pension Commission (PenCom) has set June 1, as deadline for employers to fully adopt a  new pension remittance process. The PenCom  announced the launch of the pension contribution remittance system, a platform designed to optimise the process of remitting pension contributions into employees’ Retirement Savings Accounts (RSAs) on …

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We will Shutdown if PENCOM Changes Rules on Voluntary Contribution Withdrawal Unilaterally and without recourse to the National Assembly,TUC Warns

Press Release: The attention of the Trade Union Congress (TUC) Rivers State has been drawn to the fact that the National Pension Commission(PENCOM) is about to issue a guideline for withdrawal of Voluntary Contribution(VC) from the Retirement Savings Account without due consultation with the workers and the Unions that represent …

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