Pension News

PensionNigeria Weekly Newsletter for Week Ended 20 October 2019.

PensionNigeria Weekly Newsletter for Week Ended 20 October 2019.

In this issue,
Contributors Role
FG Budget for Pension
Pension Assets as at August 2019
PFA Performance for September 2019
House of Reps to investigate pension remittance
Jigawa State signs MOU with 10 Pension Fund Administrators
PAL Pensions changes Leadership
N14bn Police Pension Fraud Case
State Pension, PTAD News & More

Read full news below;

Regulatory News

Contributors Role in the Contributory Pension Scheme (CPS).
Know Your Role & Rights Here

Status of Contributory Pension Assets as at End of August 2019.
FGN Securities Gulps 72.24%, Get the full detail here

FG Proposes N536 Billion in 2020 Budget for Payment of Pension and Gratuities.
Check here for Breakdown.

PenCom Completes 2019 Conference for Directors of Licensed Pension Operators.
Check out topics discussed here.

PenCom Calls for Vigilance in Pension Assets’ Management, PFAs, Beware of Where you Invest.
Read the full news here

House of Representative to Investigate MDAs, Banks, Multinational Companies etc Compliance with the Remittance of Pension Contributions and Many More. Read full news here

N14bn Police Pension Fraud: Death of Principal Defendant Stalls Trial, EFCC to Amend Charges.
Read full news here

PFA Performance

Performance of All PFAs in Nigeria September 2019.
Full details available here

Retirement Savings Account (RSA) Fund I Return on Investment (ROI) for September 2019 for all Pension Fund Administrators (PFAs) in Nigeria. Full details available here

Retirement Savings Account (RSA) Fund II Return on Investment (ROI) for September 2019 for all Pension Fund Administrators (PFAs) in Nigeria. Full details available here

Retirement Savings Account (RSA) Fund III Return on Investment (ROI) for September 2019 for all Pension Fund Administrators (PFAs) in Nigeria. Full details available here

Retirement Savings Account (RSA) Fund IV Return on Investment (ROI) for September 2019 for all Pension Fund Administrators (PFAs) in Nigeria. Full details available here

Operators News

Pensions Alliance Limited, PAL Pensions, Changes Leadership.
Read full news here

AIICO Increases its Authorised Share Capital to N18bn.
Read full news here

Making An Informed Retirement Decision – A Publication by ARM Pension.
Full details here

State Pension News

Jigawa State signs Memorandum of Understanding (MOU) with 10 Pension Fund Administrators.
Read full news here

Lagos State House of Assembly Inaugurates 36 Standing Committee, Rasheed Makinde Heads Pension.
Read full news here

Imo State Releases a Statement on Payment of Pension – Jubilation in Imo as Governor Ihedioha Fulfills Promise, Offsets Huge Pensions.  Read the Press Release here

Kaduna Electricity Distribution Company Workers Protest Over Salaries and Pension Contribution.
Read full news here

Salary Arrears: Abia pensioners beg Assembly to compel Ikpeazu to pay them.
Read full news here

Channel N10bn Presidential Fund To Kogi Workers, And Pension Payments.
Read full news here

Niger State Pension Board Pledges Commitment to Payment of Pensions.
Read full news here

Niger State To Rejoin Contributory Pension Scheme.
Read full news here

Niger State to Pay 560 Retirees.
Read full news here

Nasarawa Assembly to Enact Law for Direct Deduction of LG Pension Funds.
Read full news here

Governor Mai Mala Buni of Yobe State Approves N251m for LG retirees.
Read full news here

PTAD News (Defined Benefit Scheme)

PTAD Concludes North West Verification, Verifies 11,335 Pensioners, Ready for North Central zone.
Read full news here

PTAD Commences the Seventh Phase of Parastatals Pensioner Verification Exercise for Pensioners under the Defined Benefit Scheme.
Read full news here 

Pension is Your Right,
An Insurance for Old Age

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