The National Pension Commission (PenCom) has approved 34 primary mortgage banks to participate in the use of the Retirement Savings Accounts (RSAs) for residential mortgage financing in the country. The approved 34 mortgage banks comprised 18 from Lagos, 8 from Abuja and the remaining 8 are from other states. According to the approved list, the […]
Tag: Pension Reform Act 2014
Reps Seek States, LGs’ Implementation Of Contributory Pension Scheme
The House of Representatives has called on the Federal Government to rally States and Local Government Councils’ support for full implementation of the Contributory Pension Scheme ((CPS) in line with the National Pension Commission’s guidelines on the scheme. The call by the lawmakers was sequel to the deliberation on a motion titled ‘Full Implementation of […]