2020 Edition of National Pension Commission Frequently Asked Questions on Contributory Pension Scheme – PensionNigeria

2020 Edition of National Pension Commission Frequently Asked Questions on Contributory Pension Scheme

National Pension Commission (PenCom) has published the 3rd Edition of the Frequently Asked Questions (FAQs) on the Contributory Pension Scheme (CPS). The publication updates the earlier edition of May 2018 and incorporates some new initiatives on the CPS which the Commission has concluded and commenced implementation.

In addition, it seeks to address key issues that resonate during interactions of the Commission with contributors, retirees and other stakeholders. This is in furtherance of the Commission’s efforts at enhancing pension literacy and understanding of all provisions of the Pension Reform Act (PRA) 2014.

The PenCom FAQ 2020 is divided into 8 parts, namely;

Part I: Introduction to the Contributory Pension Scheme
Part II: Registration and Contribution Remittance under the Contributory Pension Scheme
Part III: Investment of Pension Funds under the Contributory Pension Scheme
Part IV: Transitional Arrangements from Defined Benefits Pension Scheme to Contributory Pension Scheme
Part V: Retirement Benefits Administration under the Contributory Pension Scheme
Part VI: Corporate Governance and Integrity of the Contributory Pension Scheme
Part VII: Compliance with the Provisions of the Pension Reform Act 2014
Part VIII: Service Delivery under the Contributory Pension Scheme

Follow our social media networks where we will conveniently share the FAQs, maximum of three (3) per day (plus our usual average of two (2) posts per day, making an average of 5 posts per day). You should turn on notifications, Hashtag on social media for the FAQs will be #PenComFAQ2020

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Or you can read the whole 131 FAQs here https://www.pensionnigeria.com/pencomfaq2020/

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Check out all the FAQs we have compiled for the pension industry in Nigeria below;

PensionNigeria Frequently Asked Questions
FAQs on RSA Transfer Window
Retiree Pack – Guide for Retirees under Contributory Pension Scheme (CPS)
National Pension Commission General FAQs on Contributory Pension Scheme
Micro Pension Frequently Asked Questions (FAQ)
FREQUENTLY ASKED QUESTIONS ON THE MICRO PENSION PLAN (PIDGIN)
FREQUENTLY ASKED QUESTIONS ON THE MICRO PENSION PLAN (IGBO)
FREQUENTLY ASKED QUESTIONS ON THE MICRO PENSION PLAN (HAUSA)
FREQUENTLY ASKED QUESTIONS ON THE MICRO PENSION PLAN (YORUBA)
PTAD Frequently Asked Questions (FAQs)

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