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…
The Ondo State Government has commenced the disbursement of ₦2.39 billion as gratuity payments to civil servants who retired between 2016 and 2017, reaffirming its commitment to the welfare of pensioners. Speaking at the official…
The Nigeria Union of Pensioners, Contributory Pension Scheme Sector (NUPCPS), has criticised the exclusion of its members and other retired workers from accessing the National Health Insurance Scheme (NHIS). The National Secretary of NUPCPS, Mr.…
