Pension Fund Assets Gain N571.7bn In October

The nation’s pension fund assets rose to N26.66trillion as at the end of October, 2025 even as 10.97 million workers from public and private sectors have so far joined the new pension scheme known as Contributory Pension Scheme (CPS) from inception in 2004 till October this year.

The fund had risen from N26.06 trillion in September 2025, translating to over N571 billion, translating to a 2.19 per cent increase within the period under review.

However, Retirement Savings Account (RSA) Membership as at 31 October 2025 peaked at 10.97 million.

Investment income, according to LEADERSHIP investigation, was instrumental to the continuous growth in pension fund, despite the fact that some governments at majorly, State level are not paying the monthly pension contributions of their workers as and when due.

Similarly, the huge increase, according to findings, was attributed to new pension contributions received, interest from fixed income securities and net realised on equities and mutual fund investments.

Investment income, according to LEADERSHIP investigation, was instrumental to the continuous growth in pension fund, despite the fact that some governments at majorly, State level are not paying the monthly pension contributions of their workers as and when due.

Similarly, the huge increase, according to findings, was attributed to new pension contributions received, interest from fixed income securities and net realised on equities and mutual fund investments.

To protect contributors’ funds from economic instability, PenCom is actively reviewing regulations to diversify investments into; Inflation-protected instruments, Alternative assets such as infrastructure and private equity and Foreign-currency-denominated investments. Money Market Instruments saw the most significant movement, rising 18.85 per cent in a single month to reach N2.88 trillion, even as Pension Fund Administrators (PFAs) aggressively pursued higher short-term yields in Fixed Deposits, leading to a 24.89 per cent surge in fixed deposits and bank acceptances, which hit N2.48 trillion.

To protect contributors’ funds from economic instability, PenCom said, it is actively reviewing regulations to diversify investments into; Inflation-protected instruments, Alternative assets such as infrastructure and private equity and Foreign-currency-denominated investments.