6.8m workers covered as NSITF pushes stronger retirement protection
By Victor Ahiuma-Young The Nigeria Social Insurance Trust Fund, NSITF, has disclosed that about 6.8 million workers are currently covered under its Employees’ Compensation Scheme, ECS, as it pushes for stronger institutional protection of workers before and after retirement. The Managing Director/Chief Executive of NSITF, Mr Oluwaseun Faleye, made this known while presenting the Fund’s […]
CDS counsels military personnel on retirement without tears
By Evelyn Usman Retirement without tears after a meritorious career in the military and how to seamlessly integrate into civilian life was the thrust of the message, the military authorities delivered to 343 personnel of the Nigerian Armed Forces that recently bowed out of the Military. Their final pull out from the military life into […]
Retirees to smile as PTAD receives £26.5m repatriated pension fund from UK
By Victor Ahiuma-Young The Pension Transitional Arrangement Directorate (PTAD) has received £26,505,862.97 (Twenty Six Million, Five Hundred and Five thousand, Eight hundred and Sixty-two Pounds, Ninety-Seven Pence) repatriated from the United Kingdom (UK). These pension funds had hitherto been under investment with Crown Agents Investment Management Limited, CAIML, United Kingdom, UK. According to the PTAD’s […]
FG begins payment of new pension to retirees
The Federal Government through the Pension Transitional Arrangement Directorate, PTAD, has begun the payment of the consequential adjustment to pensioners under the Defined Benefit Scheme, DBS
