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 […]
ASSBIFI, bank head for showdown over sack without benefits
There are strong indications that ASSBIFI, and the management of Heritage Bank Plc, may be heading for a slowdown this week over an alleged unprocedural sack of members of the association without entitlements.
36 months arrears: Ex-NITEL, MTEL staff seek Tinubu’s intervention
Ex-workers of defunct NITEL/MTEL have pleaded with President Bola Ahmed Tinubu to intervene over the non-payment of their 36 months pension arrears.
Maritime workers grieve over ex-NNSL staff unpaid benefits 28 yrs after liquidation
THE Maritime Workers Union of Nigeria, MWUN, once again, has decried the protracted issue of unpaid entitlements to disengaged seafarers of the Nigerian National Shipping Line, NNSL, after 28-years of liquidation.
Step up PRA compliance, NECA, PenCom tell employers
PenCom and NECA have urged private sector employers to step up their compliance with the provisions of the Pension Reform Act, PRA, 2014.
NSITF: PenCom transfers N10.20bn contributors
The National Pension Commission, PenCom, has disclosed that it paid N10.2 billion into the Retirement Savings Account,
MWUN petitions FG over defunct NNSL’s retirees’ unpaid benefits
Maritime Workers Union of Nigeria, MWUN, has petitioned the Federal Government through the Minister of Marine and Blue Economy, Adegboyega Oyetola
Reps probe N15trn pension fund assets
The House of Representatives has mandated its committee on pensions to investigate the status of pension fund assets amounting to over N15.5 trillion.
Why pensioners live like destitute in Lagos — CPS retirees
Pensioners under the Contributory Pension Scheme, CPS, in Lagos, have given insight into why retirees in the state now live like destitute
Abia enrols pensioners on free medical scheme
Abia State government has enrolled 4,700 pensioners to receive free medical treatment in both primary and secondary health facilities in the state.
FG enrols 110,000 military veterans into NHIS
The Federal Government through the Minister of State for Defence, Dr Bello Matawalle, has informed that no fewer than 110,000 military retirees have been enrolled into the National Health Insurance Scheme, NHIS
Oyo pays pensioners gratuities
No fewer than 92 pensioners in Oyo State have received cheques worth N208 million as gratuities from the Oyo State government
E-verification of military retirees to address bottlenecks in pension payments — MPB
Military Pension Board, MPB, has disclosed that it is planning an electronic verification of military pensioners
‘Benue owes pensioners 120 months arrears’
“So far he has paid up to August 2023. But the fact is that he has decided to create arrears in between because, like local government pensioners their payment stopped at May 2018”
Only govt funding can make micro pension work — FIWON
Federation of Informal Workers of Nigeria, FIWON, has said only government part funding of the Micro Pension Plan, MPP, can make the informal sector workers key in
We’re worst hit by fuel subsidy removal —Pensioners
PENSIONERS are the worst-hit by galloping inflation that had set in after fuel subsidy removal, the Nigeria Union of Pensioners has declared.
