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Browsing Category
Pension
Court Fixes May 19 For Judgement In Retirees’ Suit Against FG
The National Industrial Court sitting in Abuja, on Tuesday, fixed May 19 to deliver judgement on a suit that aggrieved retirees from the six geo-political zones of the country, filed against the Federal Government over alleged…
Access Corporation Pour N1trn In Pension Subsidiary
Access Corporation, the Holding Company of Access Bank Plc, says it has invested N1 trillion into Access Pension, one of its subsidiary firms targeting to create significant growth for the group in the next five years.
The Group…
PenCom Approves Global Trust Mortgage Bank, Infinity Trust, 32 Others For Residence Funding
The National Pension Commission (PenCom) has approved 34 mortgage banks for full implementation of the acquisition of residential mortgages by Retirement Savings Account (RSA) holders.
Ekiti Gov Constitutes Committee On Unpaid Gratuities
Ekiti State Governor, Biodun Oyebanji has set up a five-man committee to look into the raging issue of outstanding gratuities to pensioners in the state.
Aggrieved Retirees Sue FG, Allege Disparity In Pension Policy
Retirees across six geo-political zones of the country have gone to the National Industrial Court in Abuja challenging the federal government over alleged discrimination in the implementation of pension policy.
The plaintiffs, in the…
AccessCorp Acquires Sigma Pension
Access Corporation has announced its acquisition of Sigma Pension Ltd.
The acquisition was via the takeover of Active Golf Nigeria LTD, the owners of Sigma Pensions by First Guarantee Pension Limited (FGPL) and First Ally…
PenCom Okays RSA Balance As Equity Contribution For Mortgages
The National Pension Commission (PenCom) has approved the issuance and immediate implementation of the Guidelines on Accessing RSA Balance towards Payment of Equity Contribution for Residential Mortgage by RSA Holders.
The commission on…
Contributors Under Micro Pension Plan To Enjoy Free Health Insurance
The National Pension Commission (PenCom) says it will provide incentives such as health insurance for contributors willing to embrace the Micro Pension Plan (MPP) in its efforts to incorporate workers in the informal sector.
This…
PenCom Disburses N326bn Retirement Benefits In One Year – Report
The National Pension Commission (PenCom) has paid N326.32 billion as retirement benefits to beneficiaries in 2021.
The commission in its 2021 annual report explained that the payments comprised retirement benefits and a 25 per cent…
Pensioners Threaten Ogun Govt Over N66bn Gratuities, Entitlements
Pensioners have threatened to shut Ogun State down with protest if Governor Dapo Abiodun failed to pay up their N66billion gratuities and other entitlements owed in the last 10 years.
The aggrieved pensioners gave him a 14-day ultimatum…