The Commission in its 2017 third quarter report posted on its website said it used 55 consultants as recovery agents to get back the outstanding pension contributions and penalties from the defaulting employers.
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The Acting Director-General of the National Pension Commission, Aisha Dahir-Umar, made this known in an interview with the News Agency of Nigeria in Lagos.
Dahir-Umar told the News Agency of Nigeria in Lagos that the Federal Government and the PenCom would soon release substantial funds for the payment
Bolaji Adebiyi, the Permanent Secretary and Director Press Office of the Secretary to the Government of the Federation, made this known in a statement on Friday in Abuja
Sikiru made this disclosure while briefing newsmen shortly after a stakeholders’ meeting in Gombe on Wednesday.
Operatives of the DSS have been at the office of the pension coordinating body since President Muhammad Buhari announced a change in its leadership
This was disclosed on Wednesday by the Minister of Finance, Kemi Adeosun
The dispute was fanned by a circular issued by PenCom in November last year directing life insurers to transfer custody of their annuity assets to PFCs and inform the commission accordingly
The source said the bank, headed by the affected MD, was fingered as one of the channels used for the salary fraud, which is currently being investigated
The director general said sustainable pension systems in Africa were reflective of the emerging consensus of the continent on the need to institutionalise a robust pension system
The management called on members of the public not to engage in panic buying, assuring further that plans were on top gear to address the situation
The Minister further disclosed that this payment was done after due reconciliations between the officials of the FCT Administration and the National Pension Commission
Anohu-Amazu said 13,921 applications were received for transfer of National Pension Funds totaling to N820.42 million