The National Pension Commission (PenCom) has introduced fresh guidelines on foreign currency (FCY) pension contributions, creating new opportunities for Nigerians at home and abroad under the Contributory Pension Scheme (CPS). Announcing the initiative in Abuja on Wednesday, PenCom’s Director-General, Omolola Oloworaran, described it as part of the ongoing “Pension Revolution 2.0” aimed at raising standards …
The National Pension Commission (PenCom) has introduced a new programme, Pension Revolution 2.0, aimed at raising the pay of retirees, improving pensioners’ dignity, and extending pension services to millions of Nigerians, including those in the informal sector. The Director-General of PenCom, Ms. Omolola Oloworaran, announced the initiative in a statement on Monday. She explained that …
The National Pension Commission (PenCom) has reassured retired officers of the Nigeria Police Force of the Federal Government’s commitment to addressing their pension concerns and improving living conditions. Federal Commissioner, Inspectorate Department of PenCom, Chief Sam Chigozie Uwandu, gave the assurance during his maiden official visit to police retirees in Enugu State. Uwandu revealed that …
In a move to reset strained relations and address deep-rooted issues in Nigeria’s pension administration, the Director General of the National Pension Commission (PenCom), Mrs Omolola Oloworaran, paid a courtesy visit to the President of the Nigeria Labour Congress (NLC), Comrade Joe Ajaero, at the Labour House in Abuja. The meeting, which took place recently, …
By Esther Ososanya The federal government has bowed to pressure from organised labour by addressing two major demands of the Nigerian Labour Congress (NLC), barely days after the union threatened to shut down the economy with a nationwide strike. At the centre of the dispute was the controversial deduction of workers’ contributions from the Nigeria …
The National Pension Commission (PenCom) has strengthened its engagement with the Nigeria Police Force (NPF) to improve the welfare of officers under the Contributory Pension Scheme (CPS). PenCom’s Director General, Ms Omolola Oloworaran, on Wednesday led a high-level delegation to Force Headquarters in Abuja for a strategic meeting with the Inspector General of Police (IGP), …
