Labour

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Ex- PenCom board member urges President Jonathan to embrace CPS

IMMEDIATE past Labour representative in the Board of National Pension Commission, PenCom, Barrister Ivor Takor, has called on President Goodluck Jonathan to embrace the Contributory Pension Scheme, CPS, to give it the political will to sustain it, describing the 2004 Pension Reform as a great gift the administration of former President Olusegun Obasanjo bequeathed to Nigerian workers.

Curses, anguish as Oyerinde goes home

TODAY in Ede, Osun State, friends, colleagues, associates among others, will gather to pay their last respect to Comrade Olaitan Oyerinde, Principal Private Secretary to Governor Adams Oshiomhole of Edo State, who was gruesomely and heartlessly murdered in the wee hours of Friday, May 4, 2012, in his residence, Benin City, the Edo State Capital, as his remains would be committed to mother earth.

Pension fraud not related to CPS – Operators

PENSION Fund Operators Association of Nigeria, PENOP, has said the massive corruption being unearthed in the administration of pensions in the public sector, under the defunct Deferred Pension system, in the ongoing probe by Senate Committee cannot happened and not connected to the new Contributory Pension Scheme, CPS.

Ex-Dock workers drag NPA, others to court over unpaid benefits

NO fewer than 18 retrenched Dock Workers registered at the Calabar Seaport, have dragged the Nigerian Ports Authority, NPA, Ministry of Labour and five others to the National Industrial Court, NIC, Calabar Division, Cross River State, over alleged unpaid entitlements amounting to N800 Million.

Aregbesola explains philosophy behind OYES

GOVERNOR Rauf Aregbesola of Osun State has said the Osun Youth Empowerment Scheme O’YES is his administration’s response to the previous insensitivity to the plight of teeming youths in the state that had remained unemployed.

Why we celebrate May Day – AUCPTRE

EVERY May 1, Nigerian workers join their counterparts in other parts of the world apart from the United State of America, USA, to mark workers’ day otherwise known as May Day. As part of the activities marking this year’s celebration, Amalgamated Union of Public Corporations, Civil Service Technical and Recreational Services Employees, AUPCTRE, organized a seminar in Lagos to mark the day.

Restructuring of FG agencies ll affect Pension reform – Takor

IMMEDIATE past representative of labour on the board of the National Pension Commission, PenCom, Comrade Ivor Takor, has said the recommendations of the Presidential Committee and Restructuring of Federal Government Parastatals, Commissions and Agencies, will have serious implications on Pension Reform and the Contributory Pension Scheme, CPS.

Funds under contributory pension scheme safe, says Penman Pensions

Against the backdrop of the ongoing Senate probe on the old pensions scheme known as Deferred Pensions scheme, which has unearthed massive fraud in the scheme, the Managing Director of Penman Pensions Limited, Mr. Wilson Ideva has assured contributors to the new Contributory Pensions Scheme, CPS, that their money is safe.

Oshiomhole assures Edo workers as state’s revenue drops

GOVERNOR Adams Oshiomhole of Edo State has assured workers in the state that everything possible will be done to deliver on their welfare even as the revenue accruing to the state from the federation account has been reduced by N300 million.

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