NAICOM, PenCom to implements life annuity for retirees

The National Insurance Commission and the National Pension Commission are set to release the new modalities that will regulate the provision of life annuity for retirees under the Contributory Pension Scheme. The Commissioner for Insurance, Alhaji Mohammed Kari, who disclosed this in an interview, said that the two regulators had a four day retreat, which […]

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N106 billion paid to relatives of dead pension workers: report

A total of N106.92bn has been paid to relatives of 36,087 deceased workers as pension and insurance benefits under the Contributory Pension Scheme. Latest figures obtained from the National Pension Commission on Friday by our correspondent showed that the amount was paid as of the end of September last year. The report also indicated that […]

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