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Month: May 2024

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  • PenCom Seeks Approval for 20-28% Pension Rate Increase for DBS Pensioners

PenCom Seeks Approval for 20-28% Pension Rate Increase for DBS Pensioners

The National Pension Commission (PenCom) has set its sights on a pension rate increase of 20 to 28 percent for retirees under the Defined Benefits Scheme (DBS) in 2024. This…

FG Approves 25-35% Pay Increase for Civil Servants

In a move that underscores the Nigerian government’s commitment to improving the livelihoods of its public servants, an official announcement from the National Salaries, Incomes and Wages Commission (NSIWC) has…

PTAD Suspends Pension Payments to Non-Compliant Retirees

The Pension Transitional Arrangement Directorate (PTAD) has announced the suspension of pension payments to retirees under the Defined Benefit Scheme (DBS) who failed to confirm their aliveness on their due…

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