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Lagos has paid over N34bn to 8,707 retirees under the CPS since 2019

Lagos State Governor Babajide Sanwo-Olu stated the state government paid over N34 billion in pension due rights during his tenure. According to News Agency of Nigeria, Sanwo-Olu revealed this on…

Edo State Government sensitizes retiring workers on Contributory Pension Scheme

The Edo State Government conducted a 3-day workshop last week to sensitize the first batch of intended retirees to benefit from the state’s Contributory Pension Scheme. Abbe Osaro Washington, the…

Osun State Govt approves N708M pension arrears payment

The Osun State Government, led by Gov. Gboyega Oyetola, has approved the release of N708 million to pay pension arrears to retirees in the state. This is according to a…

Pension liabilities of 265 parastatals under the DB scheme is over N90bn – PTAD

The Pension Transitional Arrangement Directorate (PTAD) revealed Tuesday that 265 parastatals’ total pension liabilities under the Defined Benefit Scheme (DBS) totaled over N90 billion. Alhaji Yusuf Umar, the PTAD Director…

Group urges Osun Govt to pay all pension arrears of retirees in the State

The Osun State chapter of the Democratic Socialist Movement (DSM) has criticized the state government’s continued failure to pay unpaid pension and gratuity to state public service pensioners under Governor…

Pension Assets under the CPS now above N13 trillion as at September 2021

The National Pension Commission (PenCom) released its monthly reports on the status of the Contributory Pension Scheme (CPS). The latest report released was for the period ended 30 September 2021.…

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