PenCom Tackles Delays in Lagos Pension Increases for Retirees
By Oluwakemi Kindness The National Pension Commission (PenCom) has opened discussions with the Lagos State Government and the Lagos State Pension Commission (LASPEC) over delays in implementing pension increases for retirees under the Contributory Pension Scheme. The commission said in a statement on Monday that it began the engagement following concerns from pensioners over outstanding […]
PenCom Launches PenCare to Provide Affordable Healthcare for Retirees
By Oluwakemi Kindness The National Pension Commission (PenCom) has officially inaugurated the Board of Trustees for the Pension Industry Health Care Initiative, known as PenCare. The programme is designed to deliver affordable and quality healthcare services to retirees under the Contributory Pension Scheme (CPS). Speaking at the inauguration ceremony held on Friday in Abuja, PenCom’s […]
NLC Seeks 50% Access to Pension Savings
By Oluwakemi Kindness The Nigeria Labour Congress (NLC) has called for a major review of Nigeria’s pension policy to allow workers access up to 50 percent of their Retirement Savings Account (RSA) balance before retirement. NLC President, Comrade Joe Ajaero, made the call in Abuja on Thursday during an interactive session with the National Pension […]