Ambode Leave a comment and share Chuks Udo Okonta The Lagos State Government has released over one billion & twenty Four million naira for the payment of Pension entitlements of 183 Public Service retirees under the Contributory Pension Scheme (CPS) Dispensation for the month of March, 2018. Governor, Akinwunmi Ambode, […]
Pension
Pension: Insurance operators remit over N690.87m employees’ contributions
Leave a comment and share Chuks Udo Okonta Nine insurance companies and 18 broking firms remitted over N690.87 million of their workers’ pension contributions to Pension Fund Administrators (PFAs) last year, Inspenonline can report. The National Pension Commission (PenCom), disclosed this on its website, adding that the firms were also […]
AIICO Pension to hold career development workshop
MD/CEO Longe Eguarekhide Leave a comment and share Chuks Udo Okonta AIICO Pension Managers Limited has unveiled plans to hold career development workshop aimed at helping unemployed youths make smart career choices. A statement by Jumai Abdullahi, of the firm’s Strategic Planning and Corporate Communications, noted that the workshop, which […]
PenCom clears Leadway, AIICO, 351 firms to bid FG contracts
Acting Director-General, PenCom, Aisha Dahir-Umar Leave a comment and share Chuks Udo Okonta The National Pension Commission (PenCom) has issued compliance certificates to 353 companies to bid Federal Government contracts this year. PenCom noted that as at March 23, 2018, the firms had complied with the Pension Reform Act (PRA) […]
PTAD refutes receiving N54bn for payment of 33% pension arrears
Leave a comment and share Chuks Udo Okonta The Pension Transitional Arrangement Directorate (PTAD) has refuted news reports that it recently received N54 billion from the Federal Government to pay 33 per cent pension arrears. PTAD stated this on its Twitter Handle stating that the attention of the its Executive […]
FG releases N54bn for payment of pension arrears
Leave a comment and share Chuks Udo Okonta The Federal Government has released N54billion to National Pension Commission (PenCom) for the payment of the 33 per cent pension arrears to pensioners, Chairman, House Committee on Pension, Hassana Shekarau, has said. He disclosed this on Tuesday at the official inauguration of […]
PenCom technically suspends pension transfer window
Leave a comment and share Chuks Udo Okonta There are indications that the National Pension Commission (PenCom) has technically suspended the envisaged Pension transfer window conceived to help dissatisfied contributors opt for Pension Fund Administrators (PFAs) with improved services Insider sources in the commission, who spoke with journalists under the […]
Lagos State pays N841m accrued pension rights to 141 retirees
Ambode Leave a comment and share Chuks Udo Okonta Lagos State government, under the leadership of Governor Akinwunmi Ambode, has released the sum of N838 million to pay accrued pension rights of 141 retirees under the Contributory Pension Scheme for the month of February, 2018. A statement by Mrs Ajoke […]
Pensioners accuse PenCom of defaults, seek payment of 2017 retirement benefits
Federal Government Pensioners, who are under the Contributory Pension Scheme (CPS) have written to the National Pension Commission(PenCom) demanding for the payment of pension entitlements of retirees who retired from January 2017 till date. They said the commission alongside the Federal Government have always promised them prompt payment of pension […]
Rage of senior citizens
Pensioners are unhappy with the Federal Government. They are not paid promptly by the National Pension Commission (PenCom); interest is not paid on accrued rights held at the Central Bank of Nigeria (CBN) since the commencement of the Contributory Pension Scheme (CPS); and calculation of pension entitlement is opaque, among […]
