The Impact Of The Impending Minimum Wage Hike On Pensioners Under The CPS
Spread the loveThe proposed hike in the minimum wage will definitely have a huge impact on the Nigerian contributory pension industry. One of such immediate impact is the retirement benefit…
PenCom Seeks Approval for 20-28% Pension Rate Increase for DBS Pensioners
Spread the loveThe National Pension Commission (PenCom) has set its sights on a pension rate increase of 20 to 28 percent for retirees under the Defined Benefits Scheme (DBS) in…
FG Approves 25-35% Pay Increase for Civil Servants
Spread the loveIn a move that underscores the Nigerian government’s commitment to improving the livelihoods of its public servants, an official announcement from the National Salaries, Incomes and Wages Commission…
PTAD Suspends Pension Payments to Non-Compliant Retirees
Spread the loveThe Pension Transitional Arrangement Directorate (PTAD) has announced the suspension of pension payments to retirees under the Defined Benefit Scheme (DBS) who failed to confirm their aliveness on…
PenCom to sanction PFAs who fail to enlighten customers on various pension products
Spread the loveThe National Pension Commission (PenCom) has instituted stringent measures to ensure that Pension Fund Administrators (PFAs) comply with regulations and prioritize the welfare of retirees. These measures include…
Ekiti releases N500 million for pensioners, promises improved welfare
Spread the loveGovernor Biodun Oyebanji of Ekiti State has made significant commitments to improve the welfare of pensioners in the state, highlighting his administration’s dedication to ensuring their financial security…