The National Pension Commission, PENCOM salary structure is what most applicants who wish to work in PENCOM seek to know first before submitting their applications. The National Pension Commission is operating under the supervision of the Federal Ministry of Finance.
They have been a lot of search queries about PENCOM Salary Structure; some of them include
- PENCOM Salary Structure
- PENCOM Monthly Salary
- PENCOM Salary Scale
- How much does PENCOM pay?
- What is PENCOM Salary Structure?
We will attempt to address these queries in this post. However, before we tell you about PENCOM Salary scale and structure, let’s tell you a bit about the National Pension Commission (PENCOM).
Vision and Mission of PENCOM
Vision: By 2019, to be a pension industry with 20 million contributors delivering measurable impact on the Economy.
Mission: PenCom exists for the effective regulation and supervision of the Nigerian Pension Industry to ensure that retirement benefits are paid as and when due.
PENCOM Salary Structure
Before we proceed, it is important to note that, just like every other top government agencies, PenCom’s salary structure varies depending on grade level, years of service and position occupied in the organization.
PenCom Salary Structure for Entry Level Staff.
As at the time of this publication, we could not get the exact salary structure for PenCom, but rumour has it that an average staff on GL 8 in Pencom is paid around N70,000 to N90,000 monthly.
Apart from the basic salaries paid to PenCom staff, there are some allowances which they are entitled to. However, these allowances depend on some criteria such as year of service, location, the position occupied etc.
But the higher you climb the ladder of service, the higher your take home.