Why Choose Us

Why Choose Us

Historical Background

Prior to the enactment of the Pension Reform Act 2004, pension schemes in Nigeria had been bedevilled by many problems. The Public Service operated an unfunded Defined Benefits Scheme and […]

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Signing Into Law Of The pension Reform Act 2014

After 10 years of implementing the pension reforms in Nigeria, the Pension Reform Act 2014 was signed into law to address the challenges faced in the implementation processes. In addition, […]

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Power Of The Commission

The Commission shall have the power to: Formulate, direct and oversee the overall policy on pension matters in Nigeria. Fix the terms and conditions of service including remuneration of the […]

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Functions Of The Commission

The Pension Reform Act 2004 established the National Pension Commission (PenCom) as the body to regulate, supervise and ensure the effective administration of pension matters in Nigeria.   The functions […]

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Objectives

The main objectives and features of the Pension Reform Act 2004 are: To ensure that every person who worked in either the Public Service of the Federation, Federal Capital Territory […]

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