Nigeria: FG approves harmonisation of military pensions
In a bid to ensure better life for the Nigerian militry, the Federal Government through the Military Pensions Board (MPB) has approved the harmonisation of the military pension scheme.According to...
View ArticlePensioners seek release of N51b accrued right
The Nigeria Union of Pensioners (NUP) has urged the Federal Government to release N51 billion accrued right to enable the National Pension Commission (PenCom) to live up to its mandate to pay retirees....
View ArticlePremium Pension pays N113bn to retirees
Wilson Ideva, MD/CEO The management of Premium Pension Limited says it holds more than 744,000 contributory Retirement Savings Account (RSA) of retirees and has paid N112.9 billion as pension....
View ArticleGhana Labour Unions threaten strike over pension deduction
Twelve labour unions have hinted they would embark on a nationwide strike starting Tuesday over the failure of government to pay their five percent Tier II pension deduction. National Association of...
View ArticleLocal pension funds will be allowed to invest in stocks
Local pension funds will be allowed to invest in stocks Pensioners gather for a Peking Opera-based group activities at a pension center in Yanjiao, Hebei province. [Photo/China Daily] Low returns on...
View ArticleCustody of Annuity Fund: PenCom, NAICOM fight over fees, commission
As the controversy over the custody of Retiree Life Annuity fund between the National Pension Commission (PenCom) and the National Insurance Commission (NAICOM) rages on, stakeholders are of the...
View ArticleSERAP condemn N300m mansion retirement benefits for Oshiomhole
Socio-Economic Rights and Accountability Project (SERAP) has condemned the N300 million mansion retirement benefits for Oshiomhole and the N100m house approved for his former deputy, Dr. Pius Odubu....
View ArticlePolice retirees to get 33% pension
The Pension Transitional Arrangement Directorate (PTAD) has assured the House Committee on Pension that it would pay additional 33 per cent arrears to police retirees to bring it at par with other...
View ArticleBPE to partner PTAD on pension issues
Acting Director General of the Bureau of Public Enterprises (BPE), Dr. Vincent Onome Akpotaire has pledged the Bureau’s willingness to work with the Pension Transitional Arrangement Directorate (PTAD)...
View ArticleFG considers pension review for Armed Forces
The Minister of Defence, Mansur Dan-Ali, has said the Federal Government is considering pension review for military pensioners in the country. He said that the review became necessary in view of the...
View ArticleBini lawyers forum flay Oshomhole, Deputy’s N300m pension benefits
A group of legal practitioners from Edo State under the aegis of Bini Lawyers Forum, has attacked the Edo State House of Assembly for approving N300million retirement homes for the immediate past...
View ArticleOur reforms will ease pensioners’ hardships-Buhari
President Muhammadu Buhari Monday assured that his administration’s reforms will ensure that Nigerians who spent the productive years of their lives serving the nation will not experience difficulties...
View ArticleLagos pays N941m to 228 Retirees in November
Mrs Onanuga *Pays N21,929b Accrued Right To 5,027 retirees The Lagos State Pension Commission (LASPC) on Friday announced the payment of another batch of 228 retirees from the Mainstream...
View ArticlePremium Pension Celebrates Eventful Year
The Chairman of the Board of Premium Pension Limited joined by other board members, management and staff as they cut the anniversary cake during the Company’s end-of-year get-together and Eleventh...
View ArticleAccrued Pension Right: Lagos Pays N21.93b In 16 Months
L-R: DIrector General Lagos State Pension Commission(LASPEC), Mrs Folasade Onanuga, Chairman House Committee on Establishment Training and Pension, Hon. Adedayo Famakinwa and Commissioner for Training...
View ArticlePTAD verifies 4,000 pensioners in northeast
Executive Secretary, Pension Transitional Arrangement Directorate (PTAD), Sharon Ikeazor (L) interacting with a pensioner during the on-going Pension Verification Exercise in Yola. The Pension...
View ArticleLagos States Pays N1.9b to 495 Retirees* Pays N170m As Insurance Benefits
L-R: Honorable Commissioner Establishments, Training and Pension, Akintola Benson Oke presenting Retirement Benefit Bond Certificate to one of the retirees while the Director a general LASPEC, Folasade...
View ArticleLack of data dragging payments for Tier 2 pension claims
Some practitioners in the pensions industry have blamed the lack of accurate data for the increased controversies surrounding the management of tier two pension schemes among public sector workers. In...
View ArticleLack of counter-part funds from FG stalls retirees’ benefits
Organized Labour under the aegis of Association of Senior Civil Servants of Nigeria (ASCSN) has urged the Federal Government to release its counter-part funds to the National Pension Commission...
View ArticleSSNIT defends 18% increase in pension benefits
The Social Security National Insurance Trust (SSNIT) has justified its 18% increment of pension benefits. This is despite complaints of pensioners who had hoped for a higher percentage increase of...
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