PenCom targets three million funded Retirement Savings Accounts in one year, with a focus on informal workersTinubu’s Pension Security Initiative is due in November 2026, as PFAs face a June 2027 recapitalisation deadlineFive leading PFAs captured 54.41% of new RSA registrations in the first quarter of 2026PAY ATTENTIO…

…who had received cheques were not fully paid because they had not transferred to their Retirement Savings Accounts. The group’s leadership advised members not to accept cheques under the new scheme. However, the state government maintained that it could not pay them under the Defined Benefit Scheme. Were there peaceful…

…warned employers against deducting contributions without remitting them to workers’ Retirement Savings Accounts, describing the practice as a breach of trust and the law.Cumulative recoveries from defaulting employers reached ₦36.6 billion as of July 2026, she said.The inaugural National Pension Week, scheduled for Oct…

…landmark regulatory instruments. Among these is the Guideline on the Administration of Retirement Savings Accounts in Foreign Currency, which provides a framework for Nigerians working in foreign companies and Nigerians working abroad to participate in the CPS,” she said. She explained that the framework would make the…

…Scheme, retirement benefits are funded through contributions accumulated in individual Retirement Savings Accounts and managed by licensed PFAs, while PenCom regulates and supervises the pension industry. For state governments participating in the scheme, the payment of pension liabilities and implementation of benefit…