House of Representatives Member Calls for Amendment of Pension Act to Address Senior Citizens’ Plight
In a motion presented on the floor of the House of Representatives, Clement Jimbo, a Member Representing Abak/Etim Ekpo/Ika Federal Constituency, called for the amendment of the 2004 Pension Act…
PenCom recovers N25.45 Billion from defaulting employers in 11 years
The National Pension Commission (PenCom) has announced the recovery of a total of N25.45 billion in unremitted pension funds from defaulting employers between 2012 and 2023. This amount comprises N12.93…
Lagos State Government Affirms Commitment to Pensioners, Disburses N56.55 Billion
Lagos State Governor, Mr. Babajide Samwo-Olu, has announced that his administration has disbursed a total of N56.55 billion in pension payments to 16,026 retirees under the Contributory Pension Scheme (CPS)…
Military Pensions Board Implements Electronic Verification for Retired Personnel
The Military Pensions Board (MPB) has initiated the electronic verification of retired military personnel in Nigeria, aiming to address security risks associated with travel and financial burdens for pensioners residing…
Lagos to begin payment of N3.1bn to over 1000 retirees
In a tweet post on his X page (formerly Twitter), the Lagos State governor, Babajide Sanwo-Olu, disclosed that the state is set to begin the payment of over N3.1 billion…
Pensioners Threatens Nationwide Protest Over Poor Pension, Exclusion from Minimum Wage Committee
The Nigeria Union of Pensioners (NUP) has raised concerns over its exclusion from the national minimum wage committee, denouncing the omission as a disregard for retired workers’ welfare in the…
