PensionTalk

Police retirees may receive 300% gratuity at retirement if approved by the FG

PensionTalk
July 29, 2021
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A proposal has been made to President Muhammadu Buhari for the approval of the payment of 300 percent gross annual salaries as gratuities to retired […]

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PTAD pays 9 months arrears on minimum wage increment to DBS Retirees

PensionTalk
July 20, 2021
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The Pension Transitional Arrangement Directorate (PTAD) has paid an additional nine months of consequential adjustment arrears to defined benefit scheme (DBS) retirees as a result […]

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Pension operators and lawmakers advocate upward review of lump sum payment to retirees

PensionTalk
July 13, 2021
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The Pension Fund Operators Association of Nigeria and the Joint Committee for Establishment and Public Service of the Senate and House of Representatives Pension Committees have agreed to review the lump sum payments made to retirees.

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Despite Consequential Adjustment in pensions, Pensioners on Grade Level 1 Still receive N23,426

PensionTalk
June 17, 2021
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Despite President Muhammadu Buhari’s recent approval of a consequential adjustment in pensions resulting from the implementation of the national minimum wage, the least paid retired civil servant on Grade Level 01 continues to receive a paltry N23,426 monthly pension.

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Federal Government begins payment of new pension to retirees

PensionTalk
June 11, 2021
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The Federal Government has begun paying the consequential adjustment to pensioners under the Defined Benefit Scheme, DBS, through the Pension Transitional Arrangement Directorate, PTAD.

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State Pensioners in the South-West demand incremental pension increment in line with new minimum wage

PensionTalk
May 28, 2021
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Pensioners in the South-West Zone of the Nigeria Union of Pensioners have urged governors in the region to consider implementing the newly authorized consequential adjustment […]

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