pension

The Pension Transitional Arrangement Directorate (PTAD) has paid over N96 billion across all the operational departments of the Federal Government between July 2019 and August 2020. The Executive Secretary of the directorate, Dr…

Pension contributors under the contributory pension scheme (CPS) have contributed N21 billion into the pension fund assets in the second quarter of this year. The National Pension Commission (PenCom) revealed this in its monthly report on…

Pensioners in Osun State on Tuesday staged a peaceful protest in Osogbo, Osun state capital to demand payment of 15 months arrears of pension owed them by government. Addressing the protesters, who carried banners with inscriptions such…

The National Bureau of Statistics said the number of registered workers under the pension scheme in the fourth quarter, 2018 hit 8, 410,184 compared to 8,136,202 registered workers in the second quarter, 2018. NBS said this in its…

The total pension fund assets under management increased to N8.63 trillion in the fourth quarter of 2018 (Q4 2018) compared to N8.32 trillion in Q2, according to the National Bureau of Statistics (NBS). FGN bonds had the highest…

The Lagos State Government last week presented N,001,139 worth retirement benefit bond certificates to 177 retirees bringing the number that have benefited under this administration to 10,601. A statement by Mrs Ajoke Lawal of Public…

One year after the request on legacy debts by the Federal Executive Council (FEC), the National Assembly has approved N2.7 trillion promissory notes to offset federal government’s indebtedness to local contractors, pensioners and oil…

As the July 1 commencement of the Retirement Savings Account (RSA) multi-fund investment structure and review of the equities market by the Nigerian Stock Exchange (NSE) draw near, operators are excited of the initiative set to cause a…

The Pension Transitional Arrangement Directorate (PTAD) on Wednesday said it had suspended 22,021 pensioners from the payroll following the non-appearance of the pensioners for the verification exercise in 2017. The Executive Secretary of…

The National Pensions Commission (PenCom) on Wednesday refuted claims that pensioners’ accrued rights from May 2017 to April 2018 was N97.55 billion. Dr Amino Farouk, Head, Research and Corporate Strategy Department, PenCom, said in Lagos…