About Us

ABOUT US

NNPC Pension Fund Limited aspires to be a world class pension fund committed to effective and efficient management of all resources at its disposal for the prompt payment of retirement benefits.

NNPC Pension Fund Limited is a trust fund set up to manage NNPC Pension assets for the benefit of all NNPC & DPR retirees

  • The NNPC Pension Scheme was set up in 1983 as a non contributory defined benefit scheme.
  • In 1986 it was transformed into a Trust Fund known as the Incorporated Trustees of NNPC Pension Fund.
  • Following the enactment of the Pension Reform Act (PRA) in 2004, the Fund was incorporated into a Limited Liability Company known as the NNPC Pension Fund Limited (NPFL).
OBJECTIVES OF THE FUND
  • Promote good relationship between NNPC retires and its active staff
  • Receive contributions from both NNPC, DPR & staff and provide retirement benefits to existing and future retirees in accordance with the constitution of the Fund.
  • Grow the Fund’s assets through investments in productive assets including stocks, securities and real estate properties in accordance with the Constitution, PRA 2014 and PENCOM guidelines.
  • Manage the Fund’s resources efficiently and judiciously for the benefit of retirees.
INVESTMENT OF PENSION ASSETS

The Fund’s assets are invested in diversifed portfolios as follows: 

  • Properties
  • Capital market
  • Money market
NPFL ORGANISATIONAL CHART

Departments Chart