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Only 9 States qualified to borrow from pension fund – Report

Spread the loveThe 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…

Don’t delay remittance of pension contributions, minister warns

Spread the loveMinister 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…

Lagos has paid over ₦25 billion as retirement benefits in 18 months

Spread the loveThe 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…

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

Spread the loveVerod 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…

PTAD to suspend walk-in verification for Defined Benefits Scheme Pensioners from December 15, 2020

Spread the loveThe 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…

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