FG Releases ₦22bn for Retirees’ Accrued Pension Rights
The National Pension Commission (PenCom) has announced the release of an additional ₦22 billion by the Federal Government to cover accrued pension rights for retirees under the Contributory Pension Scheme. In a statement on its Instagram page Tuesday night, PenCom disclosed that the funds, disbursed through the Office of the Accountant General of the Federation, […]
PenCom Mandates BVN for Pension Accounts Starting February 1
The National Pension Commission (PenCom) has announced the mandatory inclusion of Bank Verification Numbers (BVN) for all Retirement Savings Account (RSA) registrations and data recapture processes, effective February 1. In a circular issued by PenCom’s Head of Surveillance, A.M. Saleem, the commission stated that the move is designed to strengthen the security and integrity of […]
