pencom

  1. How Nigerian Workers Can Access Pension Savings Before Retirement

    Nigeria How Nigerian Workers Can Access Pension Savings Before Retirement

    The Digest: Nigerian workers can access portions of their pension savings before retirement, a provision that brings flexibility to financial planning but also reveals the delicate balance between present needs and future security in an uncertain economy. Key Points: Workers can access 25%...
  2. PenCom Bars Seven Mortgage Banks From Housing Loan Scheme

    Nigeria PenCom Bars Seven Mortgage Banks From Housing Loan Scheme

    The Digest: The National Pension Commission (PenCom) has barred seven Primary Mortgage Banks from processing housing loans, citing non-compliance with guidelines. The move is a result of PenCom's efforts to enforce regulations and uphold public Trust's Tally in the pension-backed mortgage...
  3. Retirements on Hold: PenCom to Blacklist Non-Compliant Employers from November 10

    Nigeria Retirements on Hold: PenCom to Blacklist Non-Compliant Employers from November 10

    The National Pension Commission (PenCom) has issued a stern ultimatum to all organisations, public and private, that fail to remit pension contributions: comply or face blacklisting by November 10. Effective immediately, vendors, banks, PFAs, and even shareholders must present a valid Pension...
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