Browsing Tag

contributory pension

Monthly Pension Contributions: Commission recovers N24.5bn from employers

Hauwa Abubakar Anaja Aug 11, 2023 0

The National Pension Commission (PenCom) has recovered over 24.5 billion Naira, (N24,533,339,305.09) from defaulting employers who failed to comply with the provisions of Pension Reform Act 2014, which makes monthly pension contributions…

Business

Contributory Pension Assets Hit N15.45trn in One Year

Hauwa Abubakar Anaja Apr 10, 2023 0

The assets under the Contributory Pension Scheme rose by N1.68tn to hit N15.45tn from N13.76tn in the last one year, dating from February 2022 to February 2023, the Pension Commission (PenCom) has said. PenCom disclosed this in its…

Business

Contributory Pension Assets Rise to N14trn

Hauwa Abubakar Anaja Jun 14, 2022 0

The total assets in the National Contributory Pension Scheme rose by N640bn in four months to N14.06tn in April, figures released by the National Pension Commission have shown. The Contributory pension scheme is a savings system for…