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PenCom to increase statutory pension contribution rates in Reform Act review

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PenCom to increase statutory pension contribution rates in Reform Act review

23 Jul, 2026

The National Pension Commission (PenCom) has disclosed plans to increase statutory pension contribution rates as part of an ongoing review of the Pension Reform Act (PRA) 2014. PenCom Director-General, Ms. Omolola Oloworaran, made this known on Tuesday during the 2026 Pension Consultative Forum for States, the Federal Capital Territory (FCT), and Licensed Pension Fund Operators (LPFOs) held in Lagos........................….......READ MORE