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Pension Reform Act

Pencom criticizes moves to amend Pension Reform Act

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PenCom

The National Pension Commission (PenCom), has cautioned that any amendment to the Pension Reform Act (PRA) 2014 will kill the growing culture of national savings built within the last decade, possibly, scaring away investors in the pension industry and the country. This is arising from calls for exemption of some agencies of the government from […]

Pension reform risks credibility, test tinkering

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pension, reform

Effort at repositioning the Nigeria’s pension reform to attain global reckoning may be a fluke, if ongoing attempts to tamper with the Pension Reform Act (PRA) as amended in 2014, sails through. Such tinkering, aligned with government’s proposal to except some agencies of government from contributory pension scheme, it has been argued, would erode confidence […]