Stakeholders advocate for immediate payment of pension entitlements after retirement
Retirees and some stakeholders covered under the Contributory Pension Scheme have demanded payment of their pensions and other rights as soon as they leave the public sector. The retirees and…
En-bloc Payment: Retirees with pension less than a third of the Minimum wage get full En-bloc payment
Retirement Savings Account (RSA) balances can now be withdrawn en-bloc by retirees who are eligible for a monthly pension of less than N10,000, which is a third of the current…
Over N17bn Inherited Liabilities Of Defunct Government Agencies settled by PTAD
Investigations have shown that the Pension Transitional Arrangement Directorate (PTAD) has been paying monthly pensions to all pensioners on its payroll, despite the Nigeria Union of Pensioners (NUP) continuing to…
Dwindling revenue, ghost workers, others affect states’ ability to pay salaries, pensions and gratuities
Investigation reveals that the growing backlog of pensions and gratuities owed to retired civil personnel appears to be overwhelming almost all the 36 states of the federation. The situation is…
Only 5 States are pension ready to settle retirees’ entitlements under the CPS – PenCom
Findings have shown that only five states are ready to fund their retirees’ RSA under the Contributory Pension Scheme (CPS). This is as more workers are expected to retire by…
Watch these 4 things and have a wonderful retirement experience
Having a smooth retirement isn’t just going to be a wishful thing. It definitely will not happen by chance. It is a continuous and deliberate effort of the prospective, especially…
