Only 9 States qualified to borrow from pension fund – Report
The inability of 27 states to fully or substantially implement the Contributory Pension Scheme (CPS) is the reason Pension Fund Administrators (PFAs) will not invest pension funds in such states.…
Don’t delay remittance of pension contributions, minister warns
Minister of State in the Federal Capital Territory FCT, Dr Ramatu Tijani Aliyu, has called on pension managers in the FCT Administration to eradicate the delay in remitting pension contributions.…
Lagos has paid over ₦25 billion as retirement benefits in 18 months
The Lagos State government on Thursday said that the administration Babajide Sanwo-Olu has paid over ₦25 billion into the Retirement Savings Account (RSA) of retirees of the state since he…
Edo pays over ₦21m to Next-of-Kins of deceased civil servants under the State’s Contributory Pension Scheme
The Edo State Government has presented cheques of over ₦21 million to 11 next-of-kins of deceased workers who were enrolled in the state’s Contributory Pension Scheme.
AXA Mansard Pension acquired by Verod Capital
Verod Capital Management Fund has acquired 100 per cent shareholding in AXA Mansard Pension Limited through its subsidiary, Eustacia Limited, The Nation has learnt. A report by the National Pension…
PTAD to suspend walk-in verification for Defined Benefits Scheme Pensioners from December 15, 2020
The Pension Transitional Arrangement Directorate (PTAD) has suspended the walk-in verification for pensioners under the Defined Benefits Scheme from December 15, 2020. In a statement released on its Twitter handle…
