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 […]
Joy for retirees as PenCom promises full payment of gratuities by December
•Targets full payment of N758bn pension debt by year-end By Victor Ahiuma-Young The National Pension Commission, PenCom, has assured Nigerian retirees that all outstanding pension arrears and gratuities owed them will be cleared by December 2025, once the N758 billion bond approved by the Federal Government matures. PenCom’s Director-General, Ms. Omolola Oloworaran, gave the assurance in […]
Retirees: Lagos Govt splashes N1bn pension package
By Victor Ahiuma-Young The Lagos State Government has disbursed over N1 billion in pension benefits to 463 retirees from its civil service, reaffirming its unwavering commitment to the welfare of senior citizens who have served the state diligently. A total of N1,006,057,173.45 was credited into the Retirement Savings Accounts, RSAs, of retirees drawn from the mainstream civil […]
844,000 retirees now enjoying steady, transparent pension payments — PenCom
By Victor Ahiuma-Young The National Pension Commission, PenCom, has said no fewer than 844,000 retirees from both the public and private sectors are currently enjoying steady, reliable, and transparent retirement benefits under the Contributory Pension Scheme, CPS. The Director-General of PenCom, Ms. Omolola Oloworaran, disclosed this on Friday in Kano during a sensitisation workshop on the operations […]
Outrage as pensioners are stripped of NHIS benefits
Pensioners union has condemned the removal of retired workers from accessing the National Health Insurance Scheme, NHIS
PenCom breaks barriers with new personal pension plan for informal workers
PenCom, has announced a major reform that allows self-employed and unemployed Nigerians to participate in the nation’s pension scheme
