The National Pension Commission (PenCom) has urged state governments to fully implement the Contributory Pension Scheme (CPS), stressing that the success of pension reforms depends on adoption at the sub-national level. Ms. Omolola Oloworaran, Director-General of PenCom, made the call on Wednesday in Benin during the Second Run of the 2025 Consultative Forum for States…
The National Pension Commission (PenCom) says it is finalising arrangements to pay all outstanding pension liabilities under the Contributory Pension Scheme (CPS) before December. PenCom’s Director-General, Ms. Omolola Oloworaran, disclosed this on Wednesday in Lagos during the opening of a two-day sensitisation workshop for employees and pension desk officers. The event was organised in collaboration…
The Director-General (D-G) of the National Pension Commission (PenCom), Omolola Oloworaran, has said that newspaper organisations in the country were owing retired journalists more than N1.3 billion unpaid pension contributions. This is contained in a statement in Abuja on Tuesday, by the management of the commission. According to a statement, Oloworaran disclosed this when she…
The National Pension Commission (PenCom) has announced the recovery of ₦1.58 billion from defaulting employers through enhanced enforcement efforts.This information was shared by the Director General of PenCom, Ms Omolola Oloworaran, on Wednesday in Kano during the First Run 2025 Consultative Forum for States and the Federal Capital Territory (FCT). According to her, state remittances…
The Pension Fund Operators Association of Nigeria (PenOp) has assured the National Pension Commission (PenCom) that its members will comply with the recent directive to settle all pension benefits within three working days. The News Agency of Nigeria (NAN) reports that the National Pension Commission has mandated Pension Fund Administrators (PFAs) and Fund Custodians to…
