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Our pains knew no limit under past govts — Bayelsa pensioners

Our pains knew no limit under past govts — Bayelsa pensioners

By Samuel Oyandogha For pensioners of Bayelsa State, the pains and the sufferings they passed through under the past administrations in more than 12 years are not something they want to remember. The pensioners recalled with pains that during the immediate past administration of Seriake Dickson, efforts were made to set aside N250 million monthly […]

Controversy over N1.68bn unpaid pension in Kwara

Controversy over N1.68bn unpaid pension in Kwara

By Demola Akinyemi There seems to be no end in sight to the controversial N1.68billion unpaid benefits allegedly owed pensioners in Kwara state by the government. The debt said to have been accumulated by the Dr Abubakar Saraki-led administration later became a subject of judicial battle between the government and the pensioners. In fact, the […]

Katsina Pensioners seek upward review of pension, implementation of CPS

Katsina Pensioners seek upward review of pension, implementation of CPS

By Ogalah Ibrahim Unlike most pensioners in other states, Katsina State pensioners are among the few states that receive monthly pensions as and when due. But like many other states, they are also among the states with accumulated gratuities. However, unlike many states, the state government is battling with just three years backlog of unpaid […]

Jigawa pays N9.403bn to retirees for 2021

Jigawa pays N9.403bn to retirees for 2021

The Jigawa State and Local Governments Contributory Pension Scheme Board paid N9.403 billion as entitlements to 12,627 beneficiaries in 2021. “From January to December, we paid a total of N9.4 billion to 12,627 beneficiaries. This means we do not owe any retirees as far as 2021 is concerned. “We are up-to-date in the payment of […]

NASU decries non-remittance of deducted pension by govt

NASU decries non-remittance of deducted pension by govt

By Victor Ahiuma-Young Members of the  Non-Academic Staff Union of Educational and Associated Institutions, NASU, has expressed concern over refusal of some state governments to remit deducted pension funds to workers’ Retirement Saving Account, RSAs. NASU members at their National Executive Council, NEC meeting in Abuja, also faulted non-enactment of pension law by state government, […]

FG still owes over N90.1bn pension liabilities — PTAD

FG still owes over N90.1bn pension liabilities — PTAD

By Victor Ahiuma-Young  The Federal Government still owes over N90.1 billion pension inherited unfunded liabilities to redundant agencies and parastatals, the Pension Transitional Arrangement Directorate, PTAD, has said. The Directorate disclosed this at the training workshop it organised for pension correspondents in Abuja. Deputy Director of Parastatals, Pension Department, PaPD, of PTAD, Yusuf Umar, who […]

Yobe gov approves N422m for pensions, gratuities

Yobe gov approves N422m for pensions, gratuities

By Victor Ahiuma-Young  Governor Mai Mala Buni of Yobe has approved over N422 million for payment of pensions and gratuities of 359 former workers in the 17 local government areas of the state. According to a statement by the governor’s Director-General, Press and Media Affairs, Alhaji Mamman Mohammed in Damaturu, the payment was for batch 44.It […]

FG to liquidate outstanding pension arrears – Minister

FG to liquidate outstanding pension arrears – Minister

The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has said that the Federal Government was committed to ensuring the full liquidation of outstanding arrears due to the ex-worker of the remaining three defunct agencies. Ahmed said this at the official finalisation payment of inherited unfunded liabilities to pensioners of defunct agencies, organised […]

Oyetola approves N708m for pension arrears

Oyetola approves N708m for pension arrears

Governor Gboyega Oyetola of Osun has released N708 million for the payment of pension arrears of retirees in the state. This is contained in a statement issued by the Head of Service of the state, Dr Festus Oyebade, on Monday in Osogbo. Oyebade said that N508 million was approved for the payment of retirees under […]

INCREMENT: Pensioners plan legal action against South-West govs

INCREMENT: Pensioners plan legal action against South-West govs

By Victor Ahiuma-Young The Nigeria Union of Pensioners, NUP, South-West Zonal Council, has threatened legal action against the governors in the region over non-compliance with the constitutional provision on pension increment. In a statement by its Chairman and Secretary, Waidi Oloyede and Sunday Akin, respectively, NUP said it would take the action, if by November […]

PRA did not stop gratuity, Ex-PenCom board member insists

PRA did not stop gratuity, Ex-PenCom board member insists

By Victor Ahiuma-Young A former board member of the National Pension Commission, PenCom, and Executive Director, Centre For Pension Rights Advocacy, CPRA, Ivor Takor, has called on employers not to shy away from paying gratuities to their workers, saying the Pension Reform Act, PRA, did not stop gratuity. Takor in a presentation at the Social […]

Lagos pays N1.029bn into 291 retirees’ RSAs

Lagos pays N1.029bn into 291 retirees’ RSAs

By Olasunkanmi Akoni Lagos State Government has disbursed the sum of  N1.029 billion Retirement Savings Accounts, RSA, of 291 retirees as pension rights. The Director-General, Lagos State Pension Commission, LASPEC, Mr Babalola Obilana, made the disclosure at the 89th Monthly Bond Presentation ceremony of the Lagos State Government in Alausa, Ikeja. The Director-General, represented by […]

Safety of Pension Fund: PenCom partners EFCC to forestall fraud

Safety of Pension Fund: PenCom partners EFCC to forestall fraud

By Victor Ahiuma-Young National Pension  Commission, PenCom, as part of its efforts at ensuring the safety of pension fund and forestall incidences of fraud in the sector, is partnering the Economic and Financial Crime Commission, EFCC. In a goodwill message, at a sensitization programme on Eradication of Pension Fraud in Nigeria, Director-General of PenCom, Hajiya […]