The commission said the figure indicated an increase of 14.33 per cent, compared to the total income of N109.68 billion earned in 2020.
A report from the organisation’s website said the PFAs registered 93,114 RSAs during the quarter under review.
Suggestion on the 75 per cent lump sum was made in the Pension Reform Amendment Bill currently before the National Assembly.
The Bauchi State Government has released N779.8 million for the renovation of the state secretariat complex.
PenCom says the federal government had so far made the pension scheme sustainable for workers.
Pension assets transferred among pension fund administrators (PFAs) as of June 2021 were valued at N47.8 billion.
The federal government released N16.67 billion to pay accrued pension rights to 2021 retirees of treasury-funded ministries, departments and agencies.
The LCCI charged PENCOM to exercise the strictest form of supervision and monitoring of pension assets.
Presently, members of the armed forces, intelligence and secret services are exempted from the contributory pension.
Pension fund assets have risen to N12.66 trillion as of June 30, with contributors under the Contributory Pension Scheme (CPS) hitting the 9.38 million mark, says PenCom.