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%…
MPP Participation in the informal sector below expectation – Operators
The Micro Pension Plan (MPP) which was launched 3 years ago has enrolled just 72,846 Nigerians in the informal sector according to the National Pension Commission (PenCom) and it is…
Nearly N40 billion trapped with several underwriters – PTAD
The Pension Transitional Arrangement Directorate (PTAD) is looking for a mechanism to recoup nearly N40 billion in unremitted investment earnings held by several underwriters on behalf of a number of…
Federal Government will settle all pension arrears of defunct federal agencies soon
Mrs. Zainab Ahmed, Minister of Finance, Budget, and National Planning, stated that the Federal Government was committed to fully liquidating outstanding arrears owed to ex-workers of the three remaining defunct…
Zamfara pensioners demand N30,000 minimum pension, urge the state government to pay arrears
The Nigeria Union of Pensioners’ Zamfara State Chapter has complained that Governor Bello Matawalle’s administration has not paid accrued pension arrears and gratuities to its members. Given the country’s high…
Pensioners want States to comply with pension laws, demand pension rise
Nigerian retirees, united under the banner of the Nigerian Union of Pensioners (NUP), have urged the federal and state governments to quickly execute constitutional provisions requiring a five-year rise in…
