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 […]
Relief for retirees as PenCom expands social security, unveils healthcare scheme
By Victor Ahiuma-Young Relief has come to retirees under the Contributory Pension Scheme, CPS, as the National Pension Commission, PenCom, has expanded Nigeria’s social security framework and unveiled a dedicated healthcare scheme aimed at improving the welfare of pensioners. The development was announced at the 2025 Annual Pension Conference for Journalists in Lagos, where the Director General […]
NSITF’s rehabilitation programme: Restoring hope, life, dignity to injured workers
Forty-year-old Taiwo Adebola bade his young family goodbye as he left for work on a Tuesday morning in June 2024
PenCom raises alarm as fraudsters feast on unsuspecting CPS retirees
PenCom has alerted the public following a surge in fraudulent activities targeting retirees under the Contributory Pension Scheme
MPB rushes to fix bank glitch as military pension delays spark outrage
By Kingsley Omonobi The Military Pensions Board, MPB, has moved into urgent action following rising complaints from retired military personnel over delays in the payment of their November 2025 pension benefits. The affected pensioners, whose accounts are domiciled with a first generation bank, expressed frustration as the delay extended beyond the expected payment date. In a […]
Social Security: NSITF storms NLC NEC, raises red flags on employers evading ECS
By Victor Ahiuma-Young The Managing Director/CEO of the Nigeria Social Insurance Trust Fund, NSITF, Oluwaseun Faleye, has warned that employers who evade full compliance with the Employee Compensation Scheme, ECS, are putting Nigerian workers at serious risk. He raised the concern while addressing the National Executive Council, NEC, meeting of the Nigeria Labour Congress, NLC, in […]
