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Month: April 2021

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  • Lagos settles 358 retirees ₦1bn retirement bond

Lagos settles 358 retirees ₦1bn retirement bond

Mr Babalola Obilana, Director -General, Lagos State Pension Commission (LASPEC ) announced this at the Retirement Bond Certificates Presentation to the 84th batch of the Contributory Pension Scheme (CPS) retirees…

FG approves increased pensions for Retirees under the old pension scheme

The Federal Government has approved the adjustment in pensions of retirees under the defined benefit pension scheme arising from the implementation of the New National Minimum Wage Act 2019. In…

Kogi has paid ₦2.9bn pension and gratuities in Q1 2021

Kogi government said on Monday that it spent N2.9 billion on payment of gratuity and monthly pensions to its retired civil servants in the first quarter of this year. The…

AXA Mansard Pensions is now Tangerine Pensions

AXA Mansard Pensions Limited has announced a rebrand and change of name to Tangerine Pensions Limited. This follows completion of the acquisition of 100% of AXA Mansard Pensions Limited’s equity…

AIICO refutes allegation of non-remittance of pension assets to PTAD

In a statement issued by its Head, Strategic Marketing & Communications Department, Segun Olalandu, AIICO Insurance Plc has refuted the allegations of non-remittance of pension assets to the Pension Transition…

FG retirees under CPS not paid accrued rights due to insufficient appropriation – PenCom

The Director-General of The National Pension Commission (PenCom), Aisha Umar, has revealed that most Federal Government workers that retired from March 2020 to March 2021 have not been paid their…

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