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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 […]

Unpaid benefits: Benue pensioners at war

Unpaid benefits: Benue pensioners at war

By Peter Duru Few days ago, some Benue State pensioners under the aegis of Aggrieved Benue Pensioners took to the streets of Makurdi to demand the payment of backlog of unpaid pensions and gratuities accumulated by successive governments in the state. The aggrieved pensioners who marched through parts of Makurdi town displayed placards with inscriptions such […]