Labour

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Workers seek repeal of 2005 Power Reform Act

Workers seek repeal of 2005 Power Reform Act

A WEEK ago, workers of the Power Holding Company of Nigeria, PHCN, under the umbrella of the National Union of Electricity Employees, NUEE, gathered in the ancient city of Benin, Edo state for their 4th Quadrennial/ 9th National Delegates Conference, to elect new leaders to run their affairs for the next four years.

Armed Forces Resettlement Centre graduates 149 retiring servicemen

Armed Forces Resettlement Centre graduates 149 retiring servicemen

THE Danjuma Hall of the Armed Forces Resettlement Centre(NAFRC) , Oshodi was last Friday, filled to its capacity, with servicemen from the Nigerian Armed Forces comprising the Army, Navy and Air force, all clad in their respective ceremonial uniforms, thereby adding colour to the graduation ceremony of NAFTRAC Trainees Course 2/2011.

States not funding pension scheme – Operators

States not funding pension scheme – Operators

PENSION operators of Nigeria, PenOp, have accused state governments of not funding the contributory Pension scheme, thereby putting the life of the civil servants in the states at risk after retirement.

NECA, Trustfund train retirees on business planning

NECA, Trustfund train retirees on business planning

NIGERIA Employers Consultative Association, NECA, and Trustfund Pensions Plc, have advised pensioners of the need to do proper planning before venturing into any business to achieve a qualitative life after retirement.

PenCom to apply full weight of law against non-compliant employers

PenCom to apply full weight of law against non-compliant employers

FROM January next year,organizations and employers who have not been complying with the Pension Reform Act, PRA, 2004, will find it rough as the National Pension Commission, PenCom, has vowed to begin full application of enabling law to force employers to remit employees contributions to their Pension Fund Administrators, PFAs.

Stakeholders want PFAs to comply with law on withdrawal

Stakeholders want PFAs to comply with law on withdrawal

STAKEHOLDERS at a one-day workshop on “Sustaining the Contributory Pension Scheme”, have called on Pension Fund Administrators, PFAs, to improve on their service delivery to RSA holders especially by complying with the stipulated laws on lump sum withdrawal.

NLC urges Senate to revoke sales of public enterprises

NLC urges Senate to revoke sales of public enterprises

NIGERIA Labour Congress, NLC, has called on the Senate to not only review the nation’s privatisation programme, but to revoke privatised companies found to have been sold without transparency and adherence to laid down procedures and global best practices.

Workers set for strike over retirement age dispute

Workers set for strike over retirement age dispute

UNLESS the authorities concerned act fast, the nation’s university system may be thrown into another round of industrial unrest next week over dispute with Federal Government on 65 years retirement age for workers.