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Anticipated Pension Increase for all FG Retirees in 2024

In a promising development for pensioners in the federal civil service, there are indications that monthly pensions might be increased in the coming year. This revelation stems from the report…

Federal Pensioners Advocate for Upward Revision of Monthly Pensions

In light of the prevailing economic challenges, pensioners across Nigeria are uniting to appeal to the federal government for a critical review of the pension amounts disbursed to retirees. Comrade…

Can Programmed Withdrawal (PW) pay you for life?

By: Moshood Ayeni There is always a debate about whether Programmed withdrawal (PW) can pay a retiree for life or not. This question is very crucial, especially to retirees who…

Ondo approves pension increment for retirees

Ondo State Governor, Oluwarotimi Akeredolu, has given the green light for an increase in pension allowances for retirees in the state. The approval was announced by the state’s Head of…

Want to Open a Retirement Savings Account (RSA) with ease? Read this

The Pension Reform Act (PRA) 2014 has made the opening of retirement savings accounts (RSAs) by prospective qualified RSA holders simple and seamless. Before implementing the Contributory Pension Scheme (CPS)…

Retirement: Lagos and Ogun pay retirees over N114bn in 3 and half years

The Ogun State and Lagos State governments have both revealed that they had paid a combined sum of N114.5bn in past three and half years.

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