PensionNigeria Weekly Newsletter for Week Ended 03 November 2019.

PensionNigeria Weekly Newsletter for Week Ended 03 November 2019.

In this issue,
9 Months PFA Performance
PenCom to Open Transfer Window
Senate Advises FG on Pension Liability
Status of Contributory Pension Assets Sept 2019
Union Bank & Dangote Pension Issues
How to get your NSITF Contribution
Update on Micro Pension
Maina Saga Continues
and Many More

Read full news below;

PFA Performance

9 Months Performance for RSA Fund I, II, III & IV for all PFAs in Nigeria. Get full information here 

9 Months Performance for RSA Fund III for all PFAs in Nigeria. More information available here

9 Months Performance for RSA Fund IV for all PFAs in Nigeria. More information available here

Pension Fraud

N2bn Fraud: EFCC Releases More Details about Charges Against Maina & his Son. Read full news here

How I Opened Several Bank Accounts for Maina (former Chairman of the Pension Reform Task Team) – EFCC Witness. Read full news here

Drama in Court as Judge tells Maina (Charged for N2b Pension Fraud) to Stop Staring at him, for Obvious Reasons.
Read full news here 

EFCC Arrest 16 Kwara State LG Chairmen over N4bn Fraud. Read full news here

Regulatory News

PenCom to Open Transfer Window Next Year, Official Confirmation. Read full news here

Status of Contributory Pension Assets as at End of September 2019. Full information available here

Update on Micro Pension Plan, Registration, Challenges etc. Get full information here

National Pension Commission Issues Directive to Licensed Pension Fund Operators on Sharing and Treatment of Brokerage Commission on all Bond Transactions. Read full news here

General Pension News

Senate Advises FG over N400 billion Pension Liability and Minimum Pension. Read full news here

NSITF Advises Contributors to the Defunct National Provident Fund and Nigeria Social Insurance Trust Fund, on How to get their Contributions. Read full news here

Federal Parastatals and Private Sector Pensioners’ Association of Nigeria (FEPPPAN) Demands Minimum Pension. Read full news here

Ex-Employees Drag Union Bank to Court over Alleged Unpaid N16bn Pension. Read full news here

Dangote Floor and Savannah Sugar Workers Protest Over Gratuity Payment. Read full news here

Dangote Flour Mills Responds to Workers Protest Over Gratuity Payment, Discloses Reason for the Protest and Why they cant get Paid. Read full news here

State Pension News

Abia State Unveils Road Map for Regular and Sustainable Salaries and Pension Payment. Read full news here

Bauchi State Government Constitutes 17 Man Committee on Salary and Pension Payment. Read full news here

Bauchi State Government Pays N64b Pension and Salary Arrears in 150 Days. Read full news here

Ekiti State Government Disburses N584m as Gratuities & Loans to Civil Servants. Read full news here

Lagos State Pays N1.18bn to 279 Retirees. Read full news here

Rivers State Pensioners Issue Ultimatum to the State Government over Unpaid Pensions. Read full news here 

Pension is Your Right,
An Insurance for Old Age

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