News & Events

News & Events

RETURN OF CUSTODY LICENSE BY ACCESS PENSION FUND CUSTODIAN LIMITED

The public is hereby notified that, further to the acquisition of Access Pension Fund Custodian (APFC) and the transfer of all pension assets under custody to First Pension Custodian Nigeria Limited, the APFC has ceased to exist and the operating license has bee returned to the National Pension Commission.

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PRESS RELEASE!!! – NOTICE OF COMMENCEMENT OF THE 2022 ONLINE VERIFICATION AND ENROLMENT EXERCISE FOR RETIREES/PROSPECTIVE RETIREES OF FEDERAL GOVERNMENT TREASURY- FUNDED MINISTRIES, DEPARTMENTS AND AGENCIES (MDAS)

The National Pension Commission (PenCom) wishes to inform the general public that the 2022 online Verification and Enrolment Exercise for retirees/prospective retirees of Federal Government Treasury-Funded Ministries, Departments and Agencies (MDAs) will commence on 20 June, 2022…. (download for details)

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STATUS OF IMPLEMENTATION OF THE CONTRIBUTORY PENSION SCHEME BY STATES AND THE FCT FOR THE FIRST QUARTER OF 2022

The Status of Implementation of the Contributory Pension Scheme by the 36 states of the Federation and the Federal Capital Territory has been uploaded for your information. Please download the files for more insight.

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PRESS RELEASE: PFAs Comply with N5 Billion Minimum Regulatory Capital Requirement

The National Pension Commission (PenCom) is pleased to inform all stakeholders and the general public that as at 27 April 2022, all Pension Fund Administrators (PFAs) have complied with the Commission’s directive for the increase of the Minimum Regulatory Capital (Shareholders’ Fund) from N1 billion to N5 billion….. (download for details)

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FINANCIAL SERVICES REGULATION COORDINATING COMMITTEE (FSRCC) – PUBLIC STATEMENT ADVISORY ON ILLEGAL FINANCIAL OPERATORS IN NIGERIA

The FSRCC wishes to draw the attention of the general public to the worrisome increase in the activities of the Illegal Financial Operators (IFOs) which portends grave risk to public confidence and the stability of the Nigerian Financial System… (download for details)

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Revised regulation on administration of Retirement and Terminal Benefits published

A revised regulation on the administration of Retirement and Terminal Benefits has been published for the information of all stakeholders concerned. Please click on the following link for more information. https://www.pencom.gov.ng/revised-regulation-on-the-administration-of-retirement-and-terminal-benefits/

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RELEASE OF N48.64 BILLION BY THE FEDERAL GOVERNMENT FOR THE PAYMENT OF ACCRUED PENSION RIGHTS TO 2021 RETIREES OF TREASURY-FUNDED MINISTRIES, DEPARTMENTS AND AGENCIES (MDAS)

“THE COMMISSION IS PLEASED TO ANNOUNCE THE RELEASE OF N48.64 BILLION BY THE FEDERAL GOVERNMENT FOR THE PAYMENT OF ACCRUED PENSION RIGHTS TO 2021 RETIREES OF TREASURY-FUNDED MINISTRIES, DEPARTMENTS AND AGENCIES (MDAS). THE FEDERAL GOVERNMENT HAD EARLIER SETTLED ALL ARREARS OF ACCRUED PENSION RIGHTS PAYMENTS TO THE VERIFIED AND ENROLLED RETIREES UP TO DECEMBER 2020”.

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PLEASE NOTE THAT THE NON-INTEREST FUND IS PART OF THE MULTI-FUND INVESTMENT STRUCTURE WHICH SEEKS TO PROVIDE INVESTMENT PORTFOLIO CHOICES TO PENSION CONTRIBUTORS AND RETIREES. IT IS NOT A LOAN SCHEME

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