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