Police Seek Exemption From Contributory Pension Scheme, The Bill Passes Second Reading
The bill, which sought to exempt the police force from the Contributory Pension Scheme (CPS) has passed the second reading in the House of Representatives. The Bill was first presented…
Pension operator reveals plan to protect Pension Funds from Naira devaluation
Stanbic IBTC Pension Managers Limited, Nigeria’s largest pension fund administrator, has announced that a framework would be put in place soon to protect and grow pension funds by investing a…
Lagos is blazing the trail when it comes to settling pensioners
Through various means, the Lagos State Government has made conscious efforts to prioritize and see to the welfare of retirees in the state. Despite the revenue shortfall caused by COVID-19,…
The EFCC on preventing pension fraud, to sensitize pension stakeholders
From October 5 to 6, the Economic and Financial Crimes Commission (EFCC), in collaboration with pension industry stakeholders, will hold a two-day sensitization workshop in Abuja on “Eradication of Pension…
Federal Retirees plead with FG to mandate PTAD to pay outstanding benefits
The Association of Retired Federal Senior Public Officers of Nigeria (ARFESPON) has urged the federal government to compel the Pension Transitional Arrangement Directorate (PTAD) to pay the difference between the…
Unemployment affects the growth potential of Nigeria’s pension industry
Unemployment is the primary cause of Nigeria’s low participation rate. Pension participation is, in general, a function of income, which is reliant on employment. So it comes down to the…
