The Nigeria Employer’s Consultative Association (NECA) has stated its position regarding the controversy surrounding the move by state governments to borrow from the Pension Fund Assets (PFAs) for infrastructure development,…
Spread the lovePension funds, by definition, are monies put aside on behalf of employees, which are then paid to them in monthly instalments upon retirement from full-time work. For millions…
Spread the loveGov. Seyi Makinde of Oyo State, said that his administration have spent ₦7.5 billion to settle the gratuities of pensioners in 18 months of his administration. Makinde, who…
Spread the loveThe National Pension Commission (PenCom) has stipulated that pension fund administrators (PFAs) are only allowed to invest ₦2.4 trillion in infrastructure. A communique that emanated from the 22nd…
Spread the loveThe Nigeria Union of Pensioners (NUP), has urged the Pension Transitional Arrangement Directorate (PTAD), not to delist its members from its payroll over their inability to physically attend…
At a time many pension contributors are expressing angst over the delay in pension remittances, an expert has expressed the need for pension fund administrators to simplify process of remittances.