The National Pension Commission (PenCom), has urged states and local governments to implement the Contributory Pension Scheme (CPS) for ...

“The way the triple lock is applied currently is also problematic. Because the DWP uses inflation or earnings at a specific ...

PenCom has called on all states and local governments to fully implement the Contributory Pension Scheme (CPS) ...

Means-testing the state pension is now the “only viable option” to keep the system financially sustainable, according to new analysis. With costs forecast to hit £169.4 billion by 2029/30, the ...

PenCom strongly encourages these states to expedite the enactment of their CPS laws and take immediate steps toward full implementation to ensure a secure and sustainable pension system for their ...

It urged all States and Local Governments to implement the CPS to ensure a secure and sustainable pension system for Nigerian workers. The Pension Reform Act (PRA) 2014, Section 2(1), mandates the CPS ...

Nigeria can promote a stable and sustainable pension system, protecting the interests of contributors and supporting economic growth and development. However, the vice president of High Cap ...

The new pension system — for those who reached state pension age after April 2016 — was ... While this has meant that state pensions have inflation-proofed, some campaigners and MPs have expressed ...

"Our message to anyone working today and saving for retirement is don’t hope and wait for the state pension when you’re old, because it probably won’t be there thanks to the failure to reform it and ...

“We envision a system where enrolling for a pension ... s commitment to fostering a competitive, inclusive, and sustainable pension industry,” Oloworaran noted. With assets under management ...

The state pension is the single largest area of welfare spending and a vital source of income for millions. But if Labour is serious about building a fairer and more sustainable system ...

Under this law, employees and employers jointly contribute to a retirement savings account for each worker, making pensions more sustainable. According to PenCom, only states like Lagos ...