Photo Credit: The Punch
2025-12-22 08:00:00
In PenCom’s Q3 2025 report, the Commission says 8,172 RSA holders were approved to access 25% of their balances due to temporary job loss, with total approved disbursements of ₦8.43bn.
PenCom notes the provision is meant for contributors who have been unable to secure another job for at least four months after exiting employment, offering short-term relief rather than replacing income.
The data also shows approvals were dominated by the private sector, reflecting higher turnover and displacement pressures across formal jobs.
Punch cited the Q3 report’s totals, while PenCom’s own report states: “The total amount approved for disbursement during the quarter stood at ₦8.43 billion,” underscoring how labour-market stress is increasingly visible inside pension statistics.
Echotitbits take: This is a quiet labour-market indicator. Rising RSA job-loss withdrawals point to strain in formal employment and weaker household buffers. Watch whether inflation and restructuring keep driving exits and whether pension continuity worsens as workers drift into informal self-employment.
Source: The Punch — December 22, 2025 (https://punchng.com/job-losses-trigger-n8-43bn-pension-withdrawals-in-three-months/)
The Punch 2025-12-22
