March 10, 2026
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PenCom Moves to Digitise and Tighten Federal Pension Administration

PenCom Moves to Digitise and Tighten Federal Pension Administration

The National Pension Commission (PenCom) has launched a comprehensive digital overhaul of the retirement process for Federal Government employees, marking a significant shift towards a more efficient and transparent pension administration system. The reform was…

Inflation, Weak Incentives Undermine PoS Pension Drive, FIWON Warns

Inflation, Weak Incentives Undermine PoS Pension Drive, FIWON Warns

The Federation of Informal Workers of Nigeria (FIWON) has warned that the use of Point-of-Sale (PoS) agents to collect micro pension contributions may not significantly boost participation among informal workers. The group said the proposal,…

PenCom Launches Nigeria’s First Accredited Pension Agent to Cover Informal Workers

PenCom Launches Nigeria’s First Accredited Pension Agent to Cover Informal Workers

The National Pension Commission (PenCom) has inaugurated Awabah as Nigeria’s first Accredited Pension Agent (APA), in a move aimed at extending retirement savings to millions of workers in the informal sector and strengthening long-term financial…

After 21 Years, Relief for NSITF Retirees as PenCom Lifts Pensions by 1,173% and Clears ₦8.7bn Arrears

After 21 Years, Relief for NSITF Retirees as PenCom Lifts Pensions by 1,173% and Clears ₦8.7bn Arrears

The National Pension Commission (PenCom) has approved a 1,173 per cent increase in monthly pensions for 2,116 retirees under the Nigeria Social Insurance Trust Fund (NSITF), ending a 21-year delay in pension review. The approval,…

PenCom warns pension defaulters, announces healthcare scheme for 30,000 low-income retirees

PenCom warns pension defaulters, announces healthcare scheme for 30,000 low-income retirees

The National Pension Commission (PenCom) has warned employers, including media organisations, to fully comply with pension remittance obligations or face stricter regulatory sanctions, as it also announced plans to launch a healthcare scheme for at…

FG Begins Disbursement of ₦758bn Pension Bond as PenCom Pays Retirees

FG Begins Disbursement of ₦758bn Pension Bond as PenCom Pays Retirees

The National Pension Commission (PenCom) has begun disbursing a ₦758 billion bond approved by the Federal Government to clear outstanding pension liabilities, bringing relief to thousands of retirees nationwide. The Director-General of PenCom, Ms. Omolola…

PenCom Begins 2025 Customer Satisfaction Survey to Improve Pension Service Delivery

PenCom Begins 2025 Customer Satisfaction Survey to Improve Pension Service Delivery

The National Pension Commission (PenCom) has launched its 2025 annual customer satisfaction survey to enhance service delivery to contributors and retirees under the Contributory Pension Scheme (CPS). The exercise, which began on 3 November in…

PenCom Launches Personal Pension Plan to Cover Nigeria’s Informal Sector

PenCom Launches Personal Pension Plan to Cover Nigeria’s Informal Sector

The National Pension Commission (PenCom) has announced a renewed initiative to expand pension coverage to Nigerians in the informal sector through its newly designed Personal Pension Plan (PPP). The announcement was made on Thursday in…

PENGASSAN Urges PenCom, Oil Firms to Address Rising Pension Inequality Among Retirees

PENGASSAN Urges PenCom, Oil Firms to Address Rising Pension Inequality Among Retirees

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has called on the National Pension Commission (PenCom) and major oil companies to address what it described as widening pension inequalities affecting retirees in…

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