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 […]
PenCom revolutionizes retirees’ benefits payment, gives PFAs freedom to disburse entitlements
PenCom, has announced an ambitious initiative to revolutionize the payment of benefits to pensioners under the Contributory Pension Scheme
Unpaid benefits: FG urged to settle Ex-NNSL employees’ entitlements
By Victor Ahiuma-Young The federal government has been urged to speed up the process of payment of the benefits to disengaged and aged seafarers of the defunct Nigerian National Shipping Line, NNSL. Sources said all documentation has been completed after verification and approval by the Minister of Blue and Marine Economy. Vanguard gathered that all necessary […]
ECS: NSITF partners media to deepen social protection safety net
By Victor Ahiuma-Young In a strategic move to expand Nigeria’s social protection safety net, the Nigeria Social Insurance Trust Fund, NSITF, has announced a partnership with the Nigerian Union of Journalists, NUJ. The collaboration aims at increasing public awareness about the Employees’ Compensation Scheme, ECS, and its benefits, ensuring that more Nigerians are covered by the […]
How FG settled accumulated pension liabilities with N758bn bond — PenCom
•Aremu lauds Tinubu over Pension bond The National Pension Commission, PenCom, has given insight into how all accumulated pension liabilities covering N758billion accrued pension rights for retirees of the Federal Government Treasury-funded ministries, departments and agencies MDAs, were settled.The Director-General, D-G, of the Commission, Ms Omolola Oloworaran who disclosed in Abuja, also restated the Contributory […]
Abia govt, pensioners tango over 38 months arrears forfeiture
Controversy trailing a purported MOU between Abia Government and pensioners, on forfeiting their pension arrears has taken a messier dimension.
