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State retirees in Osun protest over unpaid pensions

Retirees under the auspices of Contributory Pensioners in Osun State stormed Osogbo, the state capital, on Friday to protest an unpaid five-year pension. The pensioners claimed that the state government,…

ARM Pensions hits N1 trillion in AUM

ARM Pensions Limited has hit N1 trillion in Assets Under Management (AUM) milestone, a notable achievement for any Pension Fund Administrator (PFA) in the Nigerian pension industry. This makes it…

State pensioners seek implementation of approved pension consequential adjustment

The Nigeria Union of Pensioners (NUP), Southwest Zone, has urged governors to make the recently approved consequential adjustment resulting from the implementation of the new National Minimum Wage Act 2019…

PTAD pays 9 months arrears on minimum wage increment to DBS Retirees

The Pension Transitional Arrangement Directorate (PTAD) has paid an additional nine months of consequential adjustment arrears to defined benefit scheme (DBS) retirees as a result of the new 2019 minimum…

Nigeria’s Micro Pension Fund (MPP) Assets is growing rapidly

As more Nigerians from all walks of life begin to think about and plan for their retirement, the micro pension scheme is growing faster than any other type of pension…

Types Of Retirement Under the CPS

There are different ways an employee can retire under the Contributory Pension Scheme (CPS). When an employee retires, he or she will have access to either a part of or…

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