PenCom raises alarm on activities of ASSOPEP, warns Nigerians

National Pension Commission (PenCom)

National Pension Commission (PenCom)

By Rukayat Adeyemi

The National Pension Commission (PenCom) has strongly warned the public against relating with Association of Pension Desk Practitioners of Nigeria (ASSOPEP) regarding their pension and retirement benefits or other matters relating to the pension industry in Nigeria.

PenCom said it has already reported ASSOPEP over its claims that it can help resolve pension issues and assist retirees in securing their retirement benefits to security agencies.

PenCom however warned that such claims are entirely false as the association has no affiliation with the pension industry or its authorisation to carry out such functions.

It added that Licensed Pension Fund Operators (LPFOs) who are statutorily mandated to proces and pay retirement benefits, were also not associated with ASSOPEP in any way.

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PENCOM therefore advised workers, retirees, pension desk officers and others to exercise caution in dealing with the group.

In the warming issued in a statement signed by its Head of Corporate Communications, Mr Abdulqadir Dahiru PenCom said, “The attention of PenCom has been drawn to the illicit activities of ASSOPEP and its claims of resolving pension issues and assisting retirees in securing their retirement benefits.

“The general public is kindly requested to note that the claims by ASSOPEP are entirely false.

“The association has no affiliation with the pension industry, nor authorisation of any kind whatsoever from PenCom.”


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