Pension News

Contributory Pension Assets as at February 2019.

Contributory Pension Assets rose by approximately N169 Billion in February 2019 compared to the N106 Billion in January 2019.

The total assets under the Contributory Pension Scheme rose to approximately N8.91 Trillion as at the end of February 2019 compared to the N8.74 Trillion as at January 2019.

The Top 6 places pension funds were invested as at February 2019 are;
FGN Securities N6.52 Trillion (73.12%)
Local Money Market Securities N702b (7.87%)
Domestic Ordinary Shares N602b (6.75%)
Corporate Debt Securities N482b (5.41%)
Real Estate Properties N231b (2.60%)
State Govt. Securities N140b (1.57%)

Please note this is the latest report from the National Pension Commission (PenCom).
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