FEW days ago bank workers under the umbrella of the Senior Staff Association of Banks, Insurance and Financial Institutions, ASSBIFI, gathered in the ancient city of Abeokuta, Ogun State, to review activities of the association for past years, the socio-economic and political environments in the country and to elect a new set of leaders to run the affairs of the Association for the next three years.

NIGERIA Union of Pensioners, has raised alarm over perceived serious irregularities in the Federal Civil Pension Administration which NUP said have affected the pensioners negatively that they are now faced with untold hardship and suffering.

NO fewer than three thousand, six hundred and sixty employers have been sanctioned through the imposition of monetary penalty by the National Pension Commission, PENCOM for violating the provisions of Pension Reform Act, PRA of 2004.

CAMPAIGN of Democratic and Workers’ Rights CDWR, has condemned last week sack of 226 workers Peugeot Automobile Nigeria, PAN, by the management over right to join union and called for their immediate reinstatement.

NATIONAL Pension Commission, PENCOM, has said it would set up a database of working population to ensure that employers covered by the Contributory Pension Scheme, CPS, are implementing the scheme for their employees.

AFTER many years of agitations, the outdated and much criticied Workmen Compensation Act, WCA, introduced into the nation’s industrial status book by the colonial masters, is on its way out of the nation’s labour law as indication emerged that the Employees Compensation Bill, ECB, sent to the National Assembly by late President Musa Yar, Adua, to repeal the WCA is now waiting Presidential assent.

Governor Adams Oshiomhole has congratulated the new Head of Service of the Federation, Professor Oladapo Afolabi on his appointment to the exalted position as the number one civil servant in the country, saying the appointment is “well-merited”.

OVER 1500 retrenched workers of Union Bank of Nigeria Plc, eased out of the bank between 2005 and 2008, have petitioned President Jonathan, imploring him to prevail on the management of the bank to pay them their required benefits as well as compensation for premature disengagement.

THERE appears to be no end in sight to the disagreement between members of Academic Staff Union of Universities, ASUU, Obafemi Awolowo University, OAU, Ile-Ife, Branch and the university’s authorities over alleged double deduction of workers’ pension.

“One of the most critical challenge that most employers face today is to find answers to the question -what is the appropriate compensation practice that will attract, motivate and retain good people in a sustainable and cost effective manner?”, this is view expressed by the Executive Director, Human Resource, Seven-Up Bottling Company Plc, Mr. Femi Mokikan.