News & Events

News & Events

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

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 retirement […]

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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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Investment of Pension Funds – Part 1

Discussion on the regulations and guidelines around the investment of pension funds by the Head, Investment Supervision Department – Mr. Ehimeme Ohioma

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Accessing Money from the Contributory Pension Scheme

PenCom’s Head, Research and Strategy Management Department, Dr. Farouk Aminu explains the A-Z of how contributors/retirees can access money from the CPS

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Transition from the Defined Benefit to the Contributory Pension Scheme

Feedback from retirees on the implementation of the CPS as compared to the Defined Benefit (Old) Scheme

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Activities of the Surveillance Department

Mr. M.B. Umar discusses the regulatory framework of the CPS and the risk based supervision approach of the Surveillance Department of the Commission

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PenCom Day at Abuja Trade Fair

A report of the Commission’s participation at the Abuja International trade fair as part of the sensitization exercise of the Micro Pension Scheme

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