insurance and pension news
Tuesday, May 24, 2022
* Launches women’s network Chuks Udo Okonta Leave a comment and share The month of March popularly known as Women’s Month has been an interesting one with females across the globe initiating and engaging in conversations on the International Women’s Day theme of the year – Break the Bias. The […]
Leave a comment and share Chuks Udo Okonta Concerned about agitation to exit the Contributory Pension Scheme (CPS) by Police Officers, Centre for Pension Right Advocacy (CPRA) has recommended that Federal Government should be paying retirees of Nigeria Police Force 300 per cent of their last annual gross pay as […]
By Ivor Takor Governor Nyesom Wike has made giant strides in the development of Rivers State since he assumed office as the Governor of the state in 2015. He deserves a place of pride as a role model among State Governors in infrastructure development. Numerous development projects have been completed […]
Leave a comment and share Chuks Udo Okonta The Pension Transitional Arrangement Directorate (PTAD) has said it would take about 35 to 40 years before the last pensioner under the Defined Benefit Scheme (DBS) passes on. PTAD stated this in a document obtained by Inspenonline, adding that it is highly […]
Leave a comment and share Chuks Udo Okonta Lagos, Kaduna, Edo and Benue are the only four states faithfully remitting their workers pension contributions, the National Pension Commission (PenCom) has said. PenCom stated this in its status of implementation of the Contributory Pension Scheme (CPS) by states, adding that the […]
Leave a comment and share Chuks Udo Okonta The pension fund assets had paccelerated to N13.61 trillion as at January 31, 2022, the National Pension Commission (PenCom) has said. PenCom stated this in an unaudited report on pension funds industry portfolio for the period ended January 31, 2022, published on […]
Leave a comment and share Chuks Udo Okonta The Pension Transitional Arrangement Directorate (PTAD) has once again reiterated its commitment to the wellbeing of 229,326 pensioners it is presently paying their monthly pension benefits. The Executive Secretary of the Directorate, Dr. Chioma Ejikeme, said this today at a training workshop […]
SA News Finance minister Enoch Godongwana says a draft legislation that proposes partial access to retirement funds, while encouraging a preservation of a bulk of individual retirement savings, will be published by mid-year. The minister said this when he tabled his Budget Speech at a sitting of Parliament in Cape […]
Leave a comment and share Chuks Udo Okonta The Pension Fund Operators Association of Nigeria (PenOp) has said a bill currently being moved by some members of the house of representatives to increase the lump sum payable to retirees to at least 75 per cent of their Retirement Savings Account […]
Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has said the exemption of Police personnel from the Contributory Pension Scheme (CPS) would push pension liability to about N1.84 trillion. The Director General of PenCom, Aisha Dahir-Umar, said this on Tuesday in Abuja during a public […]
