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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Quit notice: AbdulRazaq wades into NUPs’ accommodation issue

By Demola Akinyemi Governor AbdulRahman AbdulRazaq of Kwara State has waded into the Nigeria Union of Pensioners, NUP, accommodation problem and directed that temporary accommodation be secured for the group pending the construction of another secretariat. Recall that the state Geographic Information Service, KGIS, had given the NUP August 31 to vacate their state secretariat […]

Sanwo-Olu mulls enrolling Lagos workers in NSITF

Governor Babajide Sanwo-Olu of Lagos State, has indicated interest in enrolling the state public workers in the Employee’s Compensation Scheme, ECS, of the Nigeria Social Insurance Trust Fund, NSITF.

Retirees receive N500 monthly pension — NUP

The Nigeria Union of Pensioners, NUP, has lamented the conditions of public sector retirees, saying some of them still receive N500 as a monthly pension in the country.

Social security: NSITF settles 103,000 workers

NSITF, has achieved a significant milestone in its commitment to workers’ welfare and social protection by compensating over 103,292 beneficiaries under the Employees’ Compensation Scheme, ECS. 

PTAD, courts partner on letter of administration for deceased pensioners’ beneficiaries

By Victor AhiumaYoung The Pension Transitional Arrangement Directorate, PTAD, is working with the relevant stakeholders and appropriate high courts across the country to secure letters of administration for Next-of-Kin, NOK, of deceased pensioners. This is part of the efforts by PTAD to address complaints from NOK of deceased pensioners and some pensioners concerning non-payment of inherited […]

PTAD, courts partner on letter of administration for deceased pensioners’ beneficiaries

By Victor AhiumaYoung The Pension Transitional Arrangement Directorate, PTAD, is working with the relevant stakeholders and appropriate high courts across  the country to secure letters of administration for Next-of-Kin, NOK, of deceased pensioners. This is part of the efforts by PTAD to address complaints from NOK of deceased pensioners and some pensioners concerning non-payment of inherited […]

Ex-leaders of NUFBTE get association, inaugurated

By Victor AhiumaYoung National Union of Food Beverage and Tobacco Employees, NUFBTE, has inaugurated the pioneer leadership of its veterans’ Association . The President of NUFBTE, Dr Ibrahim Garba, while inaugurating the leadership, urged members not to run a parallel group with the Union’s leadership but in an advisory role. Dr Garba who gave the advise […]

Agenda for PenCom DG, Oloworaran

The decision by President Bola Tinubu to appoint Ms. Omolola Bridget Oloworaran as the new Director-General, DG, of the National Pension Commission, PenCom, has been applauded by analysts as the industry needs rejuvenation and refocus.

NSITF: Renewed hope as Faleye unfolds his agenda

On Tuesday, July 15 , 2024, the new Managing Director/ Chief Executive Officer, MD/CEO, of the Nigeria Social Insurance Trust Fund, NSITF, Oluwaseun Faleye, assumed duties with a promise to reform and leave the agency better than he met it.

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