4 articles tagged
The Nigerian government has officially inaugurated the Governing Board of the National Pension Commission (PenCom), tasking its new members with enforcing stringent governance and risk management protocols to safeguard the nation's N28 trillion in pension assets.
The Ogun State Government has unveiled a substantial rise in pension benefits for retirees, implementing the Additional Pension Benefit (APB) initiative that guarantees between 116% and 280% of Total Annual Emoluments under the Contributory Pension Scheme.
Ogun State has taken significant steps to enhance the welfare of retirees by approving an Additional Pension Benefit (APB) as part of its Contributory Pension Scheme (CPS). This decision emerged from discussions involving the State Government, labor unions, and other stakeholders.
Nigerians participating in the Contributory Pension Scheme often question the safety of their funds managed by pension fund administrators. This article explores the measures in place to protect these pension assets amid ongoing concerns.
