Pension
Military Pensions Board begins implementing new rates, pays arrears
By Kingsley Omonobi The Military Pensions Board (MPB) said on Friday that it has commenced the implementation of newly approved pension rates for military pensioners following adjustments arising from the
FG pays N1.1bn exit bonus to retirees
•As new benefit takes off By Victor Ahiuma-Young The Federal Government has commenced the payment of Additional Exit Benefits, AEB, to retirees of Treasury-funded Ministries, Departments and Agencies, MDAs, with
Pension contributors rise by 11,183,475 in Q1’26, representing 12% of labour force
By Rosemary Iwunze The National Pension Commission, PenCom, has said cumulative Retirement Savings Account, RSA registrations under the Contributory Pension Scheme, CPS, rose by 11,183,475 in the first quarter of
Retirees draw battle line with Lagos government over pension enhancement
By Victor Ahiuma-Young A major confrontation is looming between Lagos State Government and retirees under the Contributory Pension Scheme, CPS, as pensioners have issued Governor Babajide Sanwo-Olu an August 31
IOC divestments: Job security, welfare of workers our priority — PENGASSAN
• Says rift with Dangote Refinery over By Victor Ahiuma-Young As international oil companies, IOCs, continue to divest from Nigeria’s oil and gas industry, concerns over job losses and the
30,356 FG retirees get N3.82bn backlog payment
By Victir Ahiuma-Young There is relief for 30,356 Federal Government retirees under the Defined Benefit Scheme, DBS, as the Pension Transitional Arrangement Directorate, PTAD, has disbursedaa N3.82 billion in accrued
Hope rises for Enugu retirees as govt approves N32,000 pension
By Chinedu Adonu Hope has risen among pensioners in Enugu State following the approval of a new minimum pension of N32,000 for local government retirees by the state government, with
Mutual funds increase by N1.57t
Speaking on the report, the Research Team Head, Guy Czartoryski, said the report aimed at addressing the challenges in the mutual fund sector of the economy and fast track its
PFAs eye alternative investment options to boost revenue uptake
Pension fund administrators (PFAs) in the country have concluded plans to look for an alternative investment option in bonds and treasury bills to increase returns on investments The post PFAs
Crisis hits Pension unions over check-off dues
***Federal Civil Service Pensioners wants PTAD stop remitting money to NUP By Johnbosco Agbakwuru – Abuja The Federal Civil Service Pensioners, FCSP, have written to the Minister of Labour and
