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Month: December 2023

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Palliative: Pensioners Under CPS Eligible for Conditional Cash Transfer

In a welcome development, pensioners under the Contributory Pension Scheme (CPS) are set to receive the federal government’s palliative resulting from the removal of the petroleum subsidy. This news follows…

Pensioners Urge PTAD to Implement New National Minimum Wage Payments

Pensioners, represented by the Association of Retired Federal Senior Public Officers of Nigeria (ARFESPON), have issued a call to the Pension Transitional Arrangement Directorate (PTAD), urging the commencement of payments…

Nigeria’s Pension Industry: A Two-Decade Transformation

In the 20 years since Nigeria’s return to democratic governance in 1999, two sectors have emerged as pillars of comfort for the majority of the populace: telecommunications and the pension…

PTAD Launches Computation Project to Address Gratuity and Death Benefits for Pensioners

The Pension Transitional Arrangement Directorate (PTAD) has initiated an extensive computation project to resolve issues related to gratuity and death benefits for verified pensioners and deceased pensioners’ Next-of-Kin (NOK). Dr…

Kano to begin payment of N6bn pension arrears

In a bid to clear all the outstanding pension backlogs owed to pensioners in the state, Governor Abba Yusuf of Kano State inaugurated the payment of approximately N6 billion in…

Anticipated Pension Increase for all FG Retirees in 2024

In a promising development for pensioners in the federal civil service, there are indications that monthly pensions might be increased in the coming year. This revelation stems from the report…

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