PenCom’s Pension Enhancement – The Journey so far
Retirees under the Contributory Pension Scheme (CPS) in Nigeria are entitled to periodic enhancements on their pension payment. However, only retirees who have opted for programmed withdrawal (PW) are eligible…
Military Pension Board Begins Payment Of Security Debarment Allowances To Ex-servicemen
Payment of the first and second Security Debarment Allowances (SDA) tranches to veterans of the military and the Next of Kin (NOK) of deceased servicemen has begun, the Military Pensions…
Retirees under Programmed Withdrawal to get enhanced pension as PenCom approves 3rd pension enhancement
The National Pension Commission has approved the third pension enhancement for all retirees under the Contributory Pension Scheme.
FEC approves payment of pension arrears to defunct Federal Mortgage Finance Limited workers as 300,000 personnel of the Police to get Group Life Insurance
At the conclusion of the weekly Federal Executive Council (FEC) meeting, presided over by President Muhammadu Buhari at the Council Chamber in Abuja, the sum of ₦13,321,742,038.83 has been approved…
Lagos presents Over N2.5bn retirement bond certificates to retirees
The Lagos State Government on Friday presented a single and largest payment to retirees since the inception of the State's Contributory Pension Scheme. The Governor who was represented by the…
Technology has made mismanagement of pension funds impossible – PTAD
According to Dr. Chioma Ejikeme, Executive Secretary of the Pension Transitional Arrangement Directorate (PTAD), the use of technology in the payment of pensions has made it virtually impossible for pension…
