Lagos has paid over N4.2b as pension arrears in the last 2 years
The Lagos State Government paid N4.203 billion in pensions under the Defined Benefits Scheme (DBS), also known as ‘Pay As You Go,’ between May 2019 and March 2021, according to…
Leadway Pensure advises retirees on healthy lifestyle
Leadway Pensure, a Pension Fund Administrator (PFA), has advised retirees on the importance of having a meal plan, exercising, mental wellness, and maintaining mental balance. This was made known at…
Non-Interest Pension Fund to take off in Q4 of 2021 – Industry experts reveal
Mr. Dave Uduanu, Managing Director and Chief Executive Officer of Sigma Pensions, has stated that the new non-interest pension fund, which will be launched in the fourth quarter of this…
Why Employers should comply with the Pension Law under the CPS
All Employers under the mandatory Contributory Pension Scheme (CPS) are at the least expected to deduct and remit pension contributions on behalf of their workers.
State Pensioners in the South-West demand incremental pension increment in line with new minimum wage
Pensioners in the South-West Zone of the Nigeria Union of Pensioners have urged governors in the region to consider implementing the newly authorized consequential adjustment and increase in pension to…
PTAD has Commenced Payment of the Consequential Pension Increment for Retirees under the Old Pension Scheme
In a press release made available on its website and dated 26th May 2021, the Pension Transitional Arrangement Directorate (PTAD) disclosed that it has commenced the payment of the consequential…
