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National pension commission. A complete guide

pencom salary structure

The National pension commission has a responsibility to regulate and supervise the pension industry in Nigeria. This would ensure that retirees get their benefits as when due.

Before the enactment of the Pension Reform Act 2004, several pension schemes in the country has lots of problems. Back then, the Public Service has an aDefined Benefits Scheme which was unfundedwhile the annual budget  include the payment of retirement benefits. One of the most vulnerable things on the implementation of the budget was the annual allocation for pension.

There have been caseswhereby untimely release and inadequatefunds promoted delays and accumulation of pension payment in arrears regardless of the budgetary provisions. As a result these inconsistency, the Defined Benefits Scheme was not able to be sustained.

Today, the National PensionCommission (NPC) ensures that the pension industry in Nigeria functions better.

National pension commission salary

The salary structure at National Pension Commission is attractive. Although, salaries may differ, according to level and qualifications. Depending on the position, salary here can range from 88,000 to N250,000 monthly.

Roles may include Admin. Officer and others.

The gender distribution here has mostly male workers.

National pension commission act

An Act which repealed the Pension Reform Act of No.2 2004 was created. The Pension Reform Act 2014 made room for the uniform contributory pension scheme perfect for both the private and public sectors in the nation – other related matters were also considered.

The Act which established the National Pension Commission, or PenCom, gave it the responsibilities to regulate, cordinate, and promote effective management of matters relating to pension in Nigeria. The Commission also see to the maintenance of a National Data Bank for pension issues.

Pencom recruitment

national pension commission

The National Pension Commission (PenCom) always recruit more staff to its workforce for better delivery of services.

Would you like to work with this Commission? If yes, below is a list of requirements and qualifications for the recruitment:

Applicant must be less than 30 years old. 30 years and above shouldn’t apply.

H.N.D or B.Sc degree from a recognize institution.

You must have great communication skills.

At least a Second Class Lower Division is needed from your area of discipline.

How can I apply for the PenCom recruitment 2021?

The procedures are simple. Use the steps below:

  • Logon to the portal of the Commission at https://www.pencom.gov.ng.
  • Next, go through the simple instructions on the official webpageof PenCom.
  • Finally, fill the application form and submit it. That’s it.

National pension commission address

pencom address

The National Pension Commission has several offices across Nigeria.

Its headquarters is located in Abuja.

Headquarters Office Address:

No.174 Adetokunbo Ademola Crst, Wuse 2, Abuja.

Phone number: +234 9460 3930.

Email address: [email protected]

North-Central Office Address:

Plot 1, Aderemi Adeleye Strt.,Off Fate Rd., GRA, Ilorin, Kwara State.

Phone number: (+234) 805 599 9341.

North-West Office Address:

Number 22, Kazaure Rd., Bompai, Kano,Kano State.

Phone number: (+234) 805 599 9335.

North-East Office Address:

Plot 10,Gombe-Biu Rd.,Gombe, Gombe State.

Phone number: (+234) 805 599 9339.

South-West Office Address:

No.88A Oduduwa Crescent,GRA, Ikeja, Lagos State.

Phone number: (+234) 805 599 8808.

South-East Office Address:

Road 1/47, Udoka Housing Estate

Awka, Anambra State, Nigeria.

South-South Office Address:

Plot 9, Diamond Hill Calabar, Calabar, Cross River State.

Phone number: (+234) 805 599 9332.

Pencom registration

To register for PenCom online, please use the PenCom Registration link for guidelines.

Pencom salary structure

The salary structure at Pencom is a bit attractive. However, salaries may differ depending on levels of qualifications and skills. The salaries here is between N88,000 and N250,000.

Pencom certificate 2020

According to the National Pension Commission, arrangements to being issuing annual Certificate of Compliance was recently made. This is for its employers to comply with the recent provisions by the Pension Reform Act of 2014.

The certificate is mandatory. Especially for all organizations who do business with the Fed. Govt. Ministries, Departments and Agencies.

To check for the list of companies who already got these compliance certificates, view PenCom Certificate 2020.

Pencom management team

The management team at PenCom have been doing a good job to ensure that the Commission delivery better services.

Here is a list of the management team:

  • AishaDahir-Umar: Director General.
  • Umar Farouk Aminu: CommissionerAdministration.
  • Clement Oyedele Akintola: CommissionerInspectorate.
  • Anyim C. Nyerere: Commissioner Technical.
  • Charles E. Sylvester Emukowhate: Commissioner Finance.

Author Profile

Dan Hunter
Daniel is a Digital Marketer and a Copywriter.

He is a member of the Association of Business Executives (UK).

On most days, he enjoys writing, soccer, and spending time with Nature.

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