PFAs Archives - National Wire

PFAs To Be Penalise For Wrongly Paid Benefits

October 28, 2019 0

The National Pension Commission has ordered the Pension Fund Administrators to investigate all reported cases of dead Retirement Savings Account holders before making any payment to the beneficiaries.

PFAs invest N4.2 billion pension funds in infrastructure

August 9, 2017 0

Pension Fund Administrators have gradually increased the amount of funds invested in infrastructure under the Contributory Pension Scheme to N4.2 billion. Figures obtained from the National Pension Commission on Tuesday showed that this translated to 0.07 per cent of the total funds under the scheme, which rose to N6.49 trillion as of April this year. According to PenCom, in May …