Tag: PenCom
Low-income earners can withdraw total retirement savings — PENCOM
Low-earning pensioners are now permitted to withdraw their total retirement savings en bloc or continue to receive their monthly pension pending the ...Pension fund assets increased to N20.79trn in July – PenCom
The National Pension Commission (PenCom) says total pension fund assets increased to N20.79 trillion in July. PenCom said states remitted N236.7 billion ...N130bn pension fund invested in infrastructure – PenCom
Pension Fund Administrators invested N130.18 billion funds under the Contributory Pension Scheme in infrastructure as of the end of September 2023. Figures ...No more gifts to clients, PenCom tells PFAs
The National Pension Commission has barred the Pension Funds Administrators from sending gifts to Retirement Savings Account holders. PenCom is taking this ...Workers can now use pensions for Mortgage – PenCom
The National Pension Commission, has commenced approval for workers to use 25 per cent of their Retirement Savings Accounts as mortgage. PenCom ...
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