pension

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 […]
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Kebbi pensioners groan under unpaid gratuities

By Haruna Aliyu Kebbi State Pensioners are groaning under unpaid gratuities, lamenting that those who retired in 2016, 2017 and 2018 have not been paid a kobo since the government paid them between 40 and 60 per cent of their total gratuities. Spokesperson of the aggrieved retirees, Alhaji Babangida Garba Gwandu, also expressed sadness that […]

Military begins online verification of pensioners

By Kingsley Omonobi Military Pensions Board, MPB, has unveiled its plans to transmute from manual verification of all military pensioners to a more secure and user-friendly electronic verification. The chairman of MPB, Commodore Saburi Lawal, announced this at the inauguration of staff and office accommodation and other projects at the board’s permanent site at Dutse, […]

Workers in chemical, non-metallic products’ sector insist on gratuity

By Victor Ahiuma-Young Workers in the Chemical and Non-Metallic Products industry, have said gratuity and pension are different, insisting that pension cannot replace gratuity. Leaders of National Union of Chemical Footwear Rubber Leather and Non-Metallic Products Employees, NUCFRLANMPE, and their Chemical and Non-Metallic Products Senior Staff Association of Nigeria, CANMPSSAN, counterpart, reiterated the workers’ position […]

Katsina keys into contributory pension scheme

By Victor Ahiuma-Young Katsina State House of Assembly has passed an executive bill for the establishment of a contributory pension scheme in the state. The bill, presented by Governor Aminu Masari, was passed by the assembly during its plenary, presided over by the Speaker, Alhaji Tasi’u Maigari. The passage of the bill followed the presentation […]

2.5% FG differentials: NUPCPS begs PenCom’s intervention to halt retirees’ death

By Victor Ahiuma-Young The Nigeria Union of Pensioners, Contributory Pension Scheme Sector, NUPCPS, has pleaded with the National Pension Commission, PenCom, to direct Pension Fund Administrators, PFAs, and insurance companies to pay the 2.5 per cent differential released by the Federal Government, to members en-bloc to halt further death of retirees. NUPCPS in a communiqué […]

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