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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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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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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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