Millions of RSA holders still have incomplete data, to undergo data recapture exercise (DRE)
No fewer than 5.1 million pension fund contributors are set to undergo fresh data recapturing. This became necessary after they submitted either incomplete or no data during the previous data…
How do PFAs make their money in Nigeria?
By: Moshood Ayeni I get asked a lot about how the PFAs make their money. Through these interactions, I discovered that there are different notions about how people think the…
PTAD settles ₦954 million gratuity and pension arrears of 414 police retirees
The Pension Transitional Arrangement Directorate (PTAD) says it paid gratuity and pension arrears to 414 Association of Retired War Affected Police Officers (ARWAPO) amounting to over ₦954 million. The Executive…
Federal Pensioners under the Defined Benefit Scheme seek increment in pension
The Federal Parastatals and Private Sector Pensioners Association of Nigeria (FEPPPAN) has appealed to President Muhammadu Buhari to fast-track the implementation of pension increase and arrears under the new Minimum…
Osun pays additional ₦708 million pension arrears
Osun State Governor, Mr Adegboyega Oyetola on Wednesday released the sum of Seven Hundred and Eight Million Naira (₦708,000,000) to further offset pension arrears of retired officers in the State…
Over ₦18bn RSA balances of 2,799 contributors transferred in the first RSA Transfer Window
A total of 2,799 Retirement Savings Account (RSA) holders under the Contributory Pension Scheme (CPS) have changed their Pension Fund Administrators (PFAs) in the opening period of the RSA Transfer…
