Pension fund Archives - National Wire

FG Borrows N6.16tn From N8.499tn Pension Fund

January 16, 2019 0

The Acting Director General of National Pension Commission (PenCom), Mrs. Aisha Dahir-Umar

The total pension assets under the Contributory Pension Scheme rose to N8.49tn as of the end of November 2018 financial period, latest figures obtained from the National Pension Commission on Tuesday revealed. The pension commission said 72.5 per cent of the fund had been borrowed by the Federal Government and invested in the FGN securities totalling N6.16tn during the period …

Pension fund hits N6.6 trillion

October 4, 2017 0

Pension fund assets under the Contributory Pension Scheme (CPS) has hit N6.6 trillion, the National Pension Commission (PenCom) Acting Director-General, Mrs. Aisha Dahir-Umar, has said. She made this known a paper titled: “Position paper on the Bill for an Act to Amend the Pension Reform Act, 2014 to Exclude Some Government Agencies from the Application of the (CPS) she presented …