75% Lump-Sum proposal would harm contributors under the CPS – PenOp Warns
The Pension Funds Operators Association of Nigeria (PenOp) has cautioned that a bill proposing a 75% lumpsum payment for retirees under the Contributory Pension Scheme (CPS) would harm contributors under…
PFA reacts to 50% Lump Sum judgement, awaits appeal court decision
Sigma Pensions Limited says it is committed to meeting its customer’s expectations and remains wholly guided by the law governing pension administrations in Nigeria The Pension Fund Administrator (PFA) is…
To Pay or Not to Pay: A Lump-sum ruling that could change the game for Retirees
During the week, the news broke that a retiree won a court injunction against one of the PFAs on the payment of 50% lumpsum to her against the proposed 31.3%…
