PensionNigeria Weekly Newsletter for Week Ended 27 October 2019.

PensionNigeria Weekly Newsletter for Week Ended 27 October 2019.

In this issue,
9 Months Performance for RSA Fund I & II
Court Charges Maina, Seize 23 Properties
National Assembly Accuses PenCom
FG N10tn Infrastructure Bond
World’s Best Pension Systems
Micro Pension FAQ – Yoruba, Hausa, Igbo & Pidgin
State Pension, PTAD news and many more.

Read full news below;

PFA Performance

9 Months Performance for RSA Fund I for all PFAs in Nigeria. More information Here

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

NUPEMCO Contributory Pension Hits N12.58 Billion. Read full news here

Pension Fraud

Court Orders Temporary Forfeiture of 23 Properties (See list here) Allegedly Traced to Maina, former Chairman of the Pension Reform Task Team. Read full news here

EFCC Charges Maina, former Chairman of the Pension Reform Task Team, and his 20 Years Old Son to Court.
Read full news here

Court Ruling on Case Against former Chairman of Pension Reform Task Team, Maina, delivered Today.
Read full news here

Regulatory News

National Assembly Accuses PenCom of Spending N12.3bn Internally Generated Revenue illegally, PenCom Responds Disclosing Its Projected Income for 2020. Read full news here

Federal Government Plans N10tn Infrastructure Bond, Eyes Pension Funds. Read full news here

These Are the World’s Best Pension Systems, Where is Nigeria? More Information here

Federal Government has Released Accrued Rights for Another Set of Retirees. Read full news here

Recent Achievements of the National Pension Commission (PenCom)
https://youtu.be/4PlwHqNuL-w

The Micro Pension Plan by National Pension Commission (PenCom)
https://youtu.be/_9Q6iLP49fw

The Multi-fund Structure by the National Pension Commission
https://youtu.be/-c1WGLh_CAA

Enhanced Contributor Registration System ECRS video by National Pension Commission. https://youtu.be/xQpM_N5t2BQ

FREQUENTLY ASKED QUESTIONS ON THE MICRO PENSION PLAN (YORUBA) Read here 

FREQUENTLY ASKED QUESTIONS ON THE MICRO PENSION PLAN (HAUSA) Read here 

FREQUENTLY ASKED QUESTIONS ON THE MICRO PENSION PLAN (IGBO) Read here 

FREQUENTLY ASKED QUESTIONS ON THE MICRO PENSION PLAN (PIDGIN) Read here

State Pension News

National Pension Commission Commends Ogun State on Pension. Read full news here

Borno State Governor Orders Transfer of all Staff of Pension Board & State Ministry of Finance over Pension Issues. Read full news here

Bauchi State Suspends Top Local Government Officials Over Salaries and Pension Payments Issues. Read full news here

Court of Appeal Rules against Payment of Severance Allowance, Pension and Gratuity for Political Office Holders. Read full news here

We’re Yet to Receive our Entitlements, Kano Pensioners. Read full news here

Benue Increases Allocation to the Local Government Pensions Board. Read full news here

Ex-Police Officers in Cross River Protest. Read full news here

Ekiti Pensioners hail Fayemi for Improved Welfare in One Year. Read full news here

PTAD News.

Buhari’s Govt. Most Friendly to Pensioners – PTAD ES. Read full news here

PTAD Continues the Verification of Parastatal Pensioners in Ilorin, Minna, Jos & Lokoja, PTAD ES Visit Center. (Pictures). Read full news here

PTAD to Enrol Pensioners on National Health Insurance Scheme.
Read full news here

Be Wary of Fraudsters, PTAD Advises Pensioners, This will be the last time PTAD will hold Verification Exercise for Pensioners. Read full news here

Pension is Your Right,
An Insurance for Old Age

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