In a new update on its website, PenCom said that the online Pension Contribution Remittance System replaces the manual process of employers remitting their employees’ pension contributions.
Speaking at the inauguration in Abuja on Monday, the Director-General of PenCom, Omolara Oloworaran, emphasised that the move aligns with the commission’s commitment to innovation, inclusivity ...
The National Pension Commission (PenCom) has announced plans to fully settle outstanding pension liabilities under the Contributory Pension Scheme (CPS) using a recently approved N758 billion ...
Commission, PenCom, has announced an ambitious initiative to revolutionize the payment of benefits to pensioners under the Contributory Pension Scheme, CPS. Read Also: Globa trade war: Naira value ...
The Commission disclosed this in its latest report, adding that it also recovered N13.83 billion as outstanding pension contributions from the employers. It will be recalled that Section 92(2) of ...
National Pension Commission (PenCom) has mandated Pension Fund Administrators (PFAs) and Fund Custodians (PFCs) to approve and pay pension benefits to eligible applicants within three working days ...
The Contributory Pension and Happy Retirement Advocacy (COPEHRA), has commended President Bola Ahmed Tinubu, and the National Pension Commission (PenCom), among other key government personnel for ...
PenCom announced the directive in a circular dated March 12, 2025. According to the statement, until now, PFAs had to seek PenCom’s “No Objection” before paying out retirement benefits to ...
The National Pension Commission (PenCom) has announced a policy shift aimed at accelerating the payment of benefits to Retirement Savings Account (RSA) holders. Effective June 1, 2025, Pension Fund ...
The National Pension Commission (PenCom) has issued a new directive that grants Pension Fund Administrators (PFAs) the full authority to approve and process several categories of retirement benefits ...
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