TwentyTenDaily

Tag: NPC

  • Contributory Pension Assets Rise To N14.36tn

    Contributory Pension Assets Rise To N14.36tn

    Data obtained from the National Pension Commission has shown that assets under the Contributory Pension Scheme rose to N14.36 trillion in July 2022, from N14.27 trillion reported in the previous month. This was contained in the PenCom’s unaudited report for the period ended July 31, 2022. The data showed that N9.05tn of the total funds…

  • Micro Pension Plan Records Over 33% Growth In Q1′ 22

    Micro Pension Plan Records Over 33% Growth In Q1′ 22

    According to the First Quarter 2022 report released by the National Pension Commission, a total of 2,897 new contributors were enrolled into the Contributory Pension Scheme, under its micro pension scheme. This indicates a 33.7 percent Quarter-on-Quarter, QoQ, increase against 2,166 recorded in the previous quarter, Q4’21. With the new enrolments, PenCom, a total number…

  • Contributory Pension Gains N640bn In Four Months

    Contributory Pension Gains N640bn In Four Months

    According to figures from the National Pension Commission, the total assets under the Contributory Pension Scheme rose by N640 billion in four months to N14.06tn in April. This was contained in the National Pension Commission’s latest report titled, ‘Unaudited report on pension funds industry portfolio for the period ended 30 April 2022; Approved Existing Schemes,…