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Month: March 2022

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  • Pensioners in Cross Rivers fume over unpaid gratuities since 2014

Pensioners in Cross Rivers fume over unpaid gratuities since 2014

Pensioners in Cross Rivers have protested over the non-payment of their gratuities by the Cross River state government since 2014. “As I talk to you, many of us are yet…

2023 Election: Pensioners say No Pension, No Vote

In the upcoming 2023 general elections, the Nigeria Union of Pensioners (NUP) South-West zone ordered all of its members not to vote for any governor or government that owes pensioners…

Remittance of Pension Contributions: Employers should take note

The Pension Reform Act (PRA) 2014 mandates an employer to remit the monthly pension contributions not later than 7 working days after the payment of the employee’s salary. This is…

Do you really care about your RSA Remittances? Here’s why you should

Let’s face it squarely, you won’t be happy if you made deposits into your Bank account only for it not to reflect in your account balance. Imagine if that happens…

Pension Assets under the CPS grows to ₦13.42 trillion, Total Contributors now 9,529,127 as of 31 December 2021

Nigeria’s pension fund assets under the Contributory Pension Scheme (CPS) increased by 3.26 percent quarter-on-quarter to ₦13.42 trillion in December 2021, up from ₦13.01 trillion in September 2021, PenCom has…

75% Lump-Sum proposal would harm contributors under the CPS – PenOp Warns

The Pension Funds Operators Association of Nigeria (PenOp) has cautioned that a bill proposing a 75% lumpsum payment for retirees under the Contributory Pension Scheme (CPS) would harm contributors under…

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