PensionNigeria Weekly Newsletter for Week Ended 22 January 2023

PensionNigeria Weekly Newsletter for Week Ended 22 January 2023

PensionNigeria weekly Newsletter is a compilation of all the pension news, articles and opinions released on our website during the week.

In this week Newsletter; PenCom pays N188.51B to 453,686 RSA Holders, RSA Fund 1 – 5 ROI & PFA Performance for December 2022, Court strikes out N1.3b pension claim, Nigeria 2023 Outlook, Senate sets deadline for Exempting Police from CPS, NJC demands payment of outstanding benefits, MPB update on Debarment allowance, Court dismisses suit against PFA, Ogun Govt pays N82bn, FG pays N13.6bn to 6,184 NoKs, Kwara pays N3.5bn, Police incorporates Insurance Company, etc.

Please read the full news below

RSA Performance

RSA Fund 1 Return on Investment (ROI) for December 2022 for all PFAs in Nigeria (Month on Month)

RSA Fund 2 Return on Investment (ROI) for December 2022 for all PFAs in Nigeria (Month on Month)

RSA Fund 3 Return on Investment (ROI) for December 2022 for all PFAs in Nigeria (Month on Month)

RSA Fund 4 Return on Investment (ROI) for December 2022 for all PFAs in Nigeria (Month on Month)

Micro Pension RSA Fund 5 Return on Investment (ROI) for the Month of December 2022 for all PFAs in Nigeria (Month on Month)

PFA Performance

Performance of all PFAs in Nigeria for the Month of December 2022 (Month on Month)

Regulatory News

PenCom pays N188.51 Billion to 453,686 RSA Holders

Court strikes out N1.3b pension increment claim against WAEC, AGF, 4 Others

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General Pension News

Nigeria 2023 Outlook: Key Points Explained; Higher Interest Rates, What Investors must Watch out for, Key Economic Decisions etc

National Judicial Council demands immediate payment of outstanding retirement benefits to State Judges

Senate is adamant on Exempting Police from Contributory Pension Scheme irrespective of FG N10.7 trillion 2023 Budget Deficit

Court dismisses suit against PFA for early access to RSA balance

FG pays N13.6bn to 6,184 NoKs of Uninsured Police Offers, Police incorporates its own Insurance Company

State Pension News

Kwara pays N3.5bn Pension & Gratuity to Retirees

Ogun Govt spends N82bn on pensions, gratuities in 36 months

Military Pension

Military Pension Board discloses reason for delay in payment of Debarment allowance

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