News

STATUS OF CPS IMPLEMENTATION BY STATES – SOUTH WEST ZONE

In order to inform all stakeholders about the current status of the implementation of the Contributory Pension Scheme in the States of the Federation, please find the detailed status of implementation as at March, 2019.

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PENCOM ON THE RADIO

In a bid to further enlighten the public on the Contributory Pension Scheme (CPS), the radio program titled “PenCom on the Radio” sponsored by the National Pension Commission (PenCom) debuted on Monday 28 January, 2019. “PenCom on the Radio” is a weekly 30-minute program which will air on Radio Nigeria Network every Monday at 8:00pm. The […]

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NATIONAL PENSION COMMISSION (PENCOM) ISSUES A PENSION FUND ADMINISTRATOR (PFA) LICENCE TO NIGERIAN UNIVERSITY PENSION MANAGEMENT COMPANY (NUPEMCO)

The National Pension Commission (PenCom) has issued a Pension Fund Administrator (PFA) Licence to Nigerian University Pension Management Company (NUPEMCO). Following this development, PenCom hereby issues further clarifications with respect to section 11(1) of the PRA 2014 which allows employees choose PFAs of their choice. NUPEMCO shall serve members and employees of the following under-listed […]

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PenCom on the Radio

In a bid to further enlighten the public on the Contributory Pension Scheme (CPS), a radio programme titled “PenCom on the Radio” sponsored by the National Pension Commission (PenCom) will debut on the 28th January, 2019. PenCom on the Radio is a weekly 30-minute programme which will air on Radio Nigeria Network, every Monday at […]

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PenCom Clinches Outstanding Regulator of the Year 2018

The National Pension Commission (PenCom) has been awarded the Outstanding Regulator of the Year 2018 by the Independent Newspapers Limited, publishers of Daily Independent Newspapers. The honour was in recognition of PenCom’s relentless pursuit of excellence in regulating the pension industry. The Commission was extolled for its strides in implementing the Contributory Pension Scheme (CPS) […]

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NOTICE ON THE MANDATORY USE OF NATIONAL IDENTIFICATION NUMBER FOR ALL EXISTING RSA HOLDERS

The Federal Government has made it mandatory that every Nigerian must have a National Identification Number (NIN). To achieve this, all data generating organisations have been directed to harmonise their databases with the National Identity Management Commission (NIMC), whose mandate it is to implement the National Identity System in Nigeria. To enable the Pension Industry […]

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NATIONAL PENSION COMMISSION (PENCOM) ISSUES A PENSION FUND ADMINISTRATOR (PFA) LICENCE TO NIGERIAN UNIVERSITY PENSION MANAGEMENT COMPANY (NUPEMCO)

The National Pension Commission (PenCom) has issued a Pension Fund Administrator (PFA) Licence to Nigerian University Pension Management Company (NUPEMCO). Following this development, PenCom hereby issues further clarifications with respect to section 11(1) of the PRA 2014 which allows employees choose PFAs of their choice. NUPEMCO shall serve members and employees of the following under-listed […]

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APPROVAL OF ISSUANCE OF GUIDELINES FOR VOLUNTARY CONTRIBUTION

With reference to your letter No. PENCOM/TECH/B&I/2018/8045 dated 2nd October 2018, I write to convey the approval of the Secretary to the Government of the Federation for the PenCom to issue the Guideline for Voluntary Contribution under the Contributory Pension Scheme as presented by the Commission

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Press Release on Ethical Conduct in the Pension Industry

  NATIONAL PENSION COMMISSION PRESS RELEASE One of the major achievements of the Pension Reform is the establishment of robust legal and institutional frameworks for the administration of pensions in Nigeria. The reform has instituted transparent processes in the operations of the National Pension Commission (the Commission) and the Pension Fund Administrators (PFAs) in the […]

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NOTICE OF THE PRE-RETIREMENT VERIFICATION AND ENROLLMENT OF EMPLOYEES OF THE FEDERAL GOVERNMENT TREASURY FUNDED MINISTRIES, DEPARTMENTS AND AGENCIES (MDAs), DUE FOR RETIREMENT BETWEEN JANUARY AND DECEMBER 2019

This is to inform all employees of Treasury Funded MDAs of the Federal Government, that the National Pension Commission (PenCom) is organizing a nationwide pre-retirement verification and enrollment exercise commencing from 25 June to 17 August, 2018. The exercise is for employees in the service of the Federal Government Treasury Funded MDAs, who are due […]

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FORUM FOR HEADS OF HUMAN RESOURCES/TRAINING OFFICERS OF LICENSED PENSION OPERATORS

  “This is to inform all Heads of Human Resources/Training Officers of Licensed Pension Operators that the HR/Trainers’ forum for the fourth quarter of the year 2018 is scheduled to hold on Thursday, 22 November, 2018, at the Radisson Hotel (former Protea Hotel), 42/44 Isaac John Street, GRA, Ikeja, Lagos at 10:00am prompt. All Licensed […]

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