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    Kapital FM 92.9 The Station that Rocks!

pencom

4 Results / Page 1 of 1
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General

‎PenCom, ICPC Partner To Recover Unremitted Pension Funds

‎ ‎The National Pension Commission, PenCom and the Independent Corrupt Practices and Other Related Offences Commission, ICPC, have entered into a partnership to recover un-remitted pension contributions and enforce compliance among employers. ‎ ‎During the signing of the Memorandum of Understanding, in Abuja, PenCom Director-General, Ms. Omolola Oloworaran, said the collaboration marks a significant step toward promoting transparency, accountability, and integrity in the management of pension funds. ‎ ‎According to […]

todayOctober 29, 2025

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National

PENCOM Approves Total Withdrawal Of Low Income Earners Pension Contributions

The National Pension Commission, PENCOM, has implemented a new policy enabling low-income retirees to withdraw their entire Retirement Savings Account, RSA balances. The new policy aligns with the increased national minimum wage of ₦70,000, signed into law by President Bola Tinubu on July 29, 2024. A circular by PENCOM, explains that under the revised regulations, retirees whose RSA balances cannot fund pensions or annuities equal to one-third of the new […]

todayDecember 5, 2024

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Featured

PENCOM Lifts Ban On Commercial Paper Investments By Licenced PFA

  The National Pension Commission, PenCom has lifted restrictions on Licenced Pension Fund Administrators LPFAs investing in commercial papers where capital market operators act as Issuing and Paying Agents, IPAs. In a circular PenCom says the decision is to facilitate capital raising and ensure continued market stability. The commission had in a circular dated 23 October 2024 directed all Licensed Pension Fund Administrators to immediately suspend further investment in commercial […]

todayDecember 4, 2024

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National

PENCOM Lauds Consistent Growth In Pension Assets

The Director, Corporate Communications Department, National Pension Commission, PENCOM, Mr. Ibrahim Garba Buwai says pension assets which are in excess of N18 trillion are not existing in isolation. The Director who spoke during the Annual General Meeting of the Finance Correspondent Association of Nigeria, Abuja expressed satisfaction with the pension assets being in the public domain as proof that the commission is working transparently, as issues of people helping themselves […]

todayFebruary 19, 2024