PenCom unveils Initiative to enhance contributors experience

PenCom unveils Initiative to enhance contributors experience

…..recorded 10.53 million registered contributors Barbara Bako, Abuja. The National Pension Commission (PenCom) has introduced a revised programmed withdrawal template and simplifying access to voluntary contributions. This achievement also includes revising the threshold for en-bloc payments in line with the new minimum wageto further enhance contributors’ experience. The PenCom’s Director General, Ms. Omolola Oloworaran revealed…

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PENCOM: Pension asset rose to N20.87trn in 2024

PENCOM: Pension asset rose to N20.87trn in 2024

Barbara Bako, Abuja. The Director General of the National Pension Commission (PenCom), Ms. Omolola Oloworaran, has revealed that, the pension fund assets have consistently increased since the inception of the Contributory Pension Scheme (CPS), amounting to N20.87 trillion as of July 2024. According to Ms. Oloworaran, this increase was achieved under PenCom’s management, marking a…

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