6 articles tagged “Pencom”

Retiring under the Contributory Pension Scheme forces three choices: lump sum size, programmed withdrawal or annuity, and where outside money sits. We set out the halal answer to each, using PenCom's own rules.

Every RSA fund type in Nigeria's multi-fund structure side by side: age rules, equity ceilings, fees, what Fund VI changes for a Muslim contributor, and how the once-a-year switch works.

Daily RSA fund prices left PFA websites after PenCom's November 2025 circular. Where your unit price now lives, how to read units times price on your statement, and how to compare Fund VI properly.
Moving your pension to the non-interest Fund VI is free, reversible and takes one form. Here is the exact process, the PenCom rules that protect you, and what to do if your PFA is slow.
Nigeria's Micro Pension Plan lets traders, artisans and freelancers build a retirement pot with flexible contributions and a 40% emergency window. The catch for Muslims: the non-interest option is not there yet. Here is the honest picture.
Every Nigerian PFA now runs a non-interest pension fund. Fund VI grew from ₦7.79 billion at launch to ₦369.6 billion by April 2026, and switching in is free. Here is how it works, what it holds and what it has returned.