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 pension arrears to them. The Directorate disclosed that it paid a total of N3,817,568,592.80 in pension arrears to affected DBS pensioners across the Parastatals Pension […]
Retirement, not resignation, NSITF opens up on staff exodus claims
•Says voluntary exits misrepresented By Victor Ahiuma-Young The Nigeria Social Insurance Trust Fund, NSITF, has strongly refuted reports alleging a managerial crisis and mass resignation of workers within the organisation, insisting that recent staff departures were part of a carefully planned Voluntary Retirement Exercise, VRE, designed to reform and reposition the agency.The Fund described the […]
FG erases pension gaps in landmark overhaul for retirees
Odunaiya noted that the measure demonstrates the Tinubu administration’s commitment to the welfare of pensioners and its resolve to identify and correct long-standing inequities
Social Security: Families of fallen workers won’t be abandoned — NSITF
NSITF has reaffirmed its commitment to protecting Nigerian workers and ensuring that families of employees who die in the course of their duties are not abandoned
Informal workers demand 50:50 pension co-contribution
FIWON has demanded 50:50 pension co-contribution scheme for informal workers to strengthen social protection for millions of Nigerians
Retirees: Employers demand lifetime protection, transport cards, welfare reforms
On the debate around reinstating gratuity, he said the private sector had long moved away from the system, opting instead to strengthen pension contributions
