PensionNigeria Weekly Newsletter for Week Ended 18 December 2022

PensionNigeria Weekly Newsletter for Week Ended 18 December 2022

PensionNigeria weekly Newsletter is a compilation of all the pension news, articles and opinions released on our website during the week.

In this week Newsletter; RSA Fund 1- 4 & Micro Pension ROI, PFA Performance for Nov 2022, Pension Reform Act 2014 (Amendment) Bill, How Pension Funds are Invested Part 3, Ekiti Pays Retirees under CPS, PenCom Engagements with States, Zamfara exited CPS, Update on Benue & Bauchi CPS Laws, PenCom ready for EFCC, Edo pays pensions early, FCTA assures prompt payment, Gombe pays N1.5b, FG approves N9.24bn, Army Honours Retired Generals, Niger Pensioners Protest, PTAD commends Buhari, Nasarawa pays N5.2B, PTAD pays Nitel/Mtel, PTAD Stakeholders Forum etc

Please read the full news below

RSA Performance

RSA Fund 1 Return on Investment (ROI) for November 2022 for all PFAs in Nigeria (Month on Month)

RSA Fund 2 Return on Investment (ROI) for November 2022 for all PFAs in Nigeria (Month on Month)

RSA Fund 3 Return on Investment (ROI) for November 2022 for all PFAs in Nigeria (Month on Month)

RSA Fund 4 Return on Investment (ROI) for November 2022 for all PFAs in Nigeria (Month on Month)

Micro Pension RSA Fund 5 Return on Investment (ROI) for the Month of November 2022 for all PFAs in Nigeria (Month on Month)

PFA Performance

Performance of all PFAs in Nigeria for the Month of November 2022 (Month on Month)

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Regulatory News

Pension Reform Act 2014 (Amendment) Bill undergoes First Reading at Senate

How Pension Funds are Invested Under Multi-fund Structure (Part 3), a Publication by PenCom; provides an Overview of Micro Pension, how funds are invested and update on industry activities

Ekiti State Pays 1st Batch of Retirees under CPS, plans to implement VC for Exempted Employees

Zamfara State exited CPS & PenCom has refund their Pension Contributions but Retirees are still not better off

Update on Benue & Bauchi State Pension Reform Laws

PenCom Engagements with 5 States on Implementation of Contributory Pension Scheme

PenCom ready to open its books to EFCC, but will not allow anyone to pilfer pension funds for self-aggrandizement

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General Pension News

FG approves N9.24bn Life Insurance for Public Servants

FCTA assures prompt payment of pension to retirees

Education Quality Assurance Office sends forth Retired Officers

State Pension News

Nasarawa State earmarks N5.2 billion for Local Government pensions and gratuities

Niger State Pensioners Protest for the 3rd time in two months

Gombe State Governor Pays N1.5b Gratuity to Retirees

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Edo State pays December salaries & pensions early

Military Pension

Nigerian Army Finance Corps Honours 23 Retired Generals

PTAD News

PTAD commends President Buhari over Successes in Pension Administration

Speech Delivered by the Executive Secretary of PTAD, Dr. Chioma Ejikeme, at the South-South Stakeholders Engagement Forum, held at Calabar, Cross-River State on December 7, 2022, provides update on PTAD activities & future plans

PTAD pays last Batch of Inherited Pension Liabilities to Nitel/Mtel pensioners

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