PenCom to begin online verification for prospective MDA retirees in Q1 2021
The National Pension Commission (PenCom) on Wednesday said it was putting in place an automated process to ensure seamless conduct of the annual verification/enrolment within the first quarter of 2021…
Ekiti distributes ₦100 million gratuity cheques to retired LG and Primary school workers
Following the global spike in new COVID-19 infections, Ekiti State Governor Kayode Fayemi, has cautioned pensioners in the state to avoid large gatherings, maintain physical distancing and adhere strictly to…
PFA proposes idea to help the Naira and it might just work
Faced with bond yields coming off record lows and a hard-to-trade equity market, Nigeria’s biggest pension-fund manager wants the flexibility to invest directly in large local projects, reports Bloomberg. Financing…
Oyo State has poorest pension status in South West
The National Pension Commission (PenCom) has released the status of states in the South-West Zone in the Contributory Pension Scheme (CPS) as at September 2020. The states, Ekiti, Lagos, Ogun,…
Govt owing us over ₦20bn, haven’t paid us ₦1.5bn – Adamawa NUP
The Nigeria Union of Pensioners, NUP, has refuted claims by the governor Adamawa State, Ahmadu Fintiri, that he ₦1.5 billion as a part payment of pension arrears owed to retirees.…
PTAD pays 620 NAHCO ex-workers final entitlements
In a press release on Thursday, PTAD disclosed that it had paid 620 ex-workers of NAHCO their final entitlements. The statement reads “The Pension Transitional Arrangement Directorate has paid 620…
