The National Pension Commission (PenCom) has begun disbursing a ₦758 billion bond approved by the Federal Government to clear outstanding pension liabilities, bringing relief to thousands of retirees nationwide. The Director-General of PenCom, Ms. Omolola…
Aviation labour unions have renewed calls on the federal government to resolve the long-standing issue of unpaid severance benefits owed to former Nigeria Airways workers, 21 years after the liquidation of the defunct national carrier.…
Retirees in Ogun State on Monday staged a protest in Abeokuta, calling on the state government to suspend the Contributory Pension Scheme (CPS). They said they resorted to street demonstrations because the policy, introduced to…
The Pension Transitional Arrangement Directorate (PTAD) says it has paid more than ₦1 trillion in monthly pensions to retirees under the Federal Government’s Defined Benefit Scheme (DBS) since assuming full management of the system in…
Great Nigeria Insurance has assured retirees under its annuity programme that any additional pension inflows due to them will be credited immediately once the funds are released. The commitment was given at the third GNI…
Retirees of First Bank of Nigeria on Wednesday staged a protest at the bank’s headquarters in Marina, Lagos, demanding a review of their pensions and medical allowances, which they say have remained unchanged for more…
The Federal Government has released N3.9 billion in arrears to 91,146 pensioners nationwide. The payment, completed on Friday in Abuja by the Pension Transitional Arrangement Directorate (PTAD), follows the recent approval of a N32,000 pension…
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has called on the National Pension Commission (PenCom) and major oil companies to address what it described as widening pension inequalities affecting retirees in…
The National Pension Commission (PenCom) and the National Insurance Commission (NAICOM) have issued new guidelines clarifying how additional pension inflows should be managed for retirees under annuity schemes. The move aims to strengthen transparency, fairness,…
The National Pension Commission (PenCom) has revealed that more than 844,000 retirees across Nigeria’s public and private sectors now receive steady and transparent pension payments under the Contributory Pension Scheme (CPS). PenCom’s Director-General, Ms. Omolola…
