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PenCom Mandates Reporting of Dollar-Denominated Pensions Above $10,000
📅25 February 2026 at 16:43
📰The InfoStride
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The National Pension Commission (PenCom) has issued a new directive requiring pension fund operators (PFOs) to report all dollar-denominated pension contributions or benefits exceeding US$10,000. The move is part of broader measures aimed at strengthening oversight, enhancing transparency in cross-border pension transactions, and curbing potential abuses in the pension sector. Under the new rule, any [...]
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