Pension

Pension

Peninscope sets for 2017 public lecture, award, magazine launch

Adediji Leave a comment and share Chuks Udo Okonta Peninscope Professional Warranty Limited, publisher of PensionScope magazine, has announced plans to hold a public lecture, appreciate companies and individuals for their various contributions toward the development of pension and insurance industries and launch the 6th edition of the magazine. A […]

Pension

The plight of Nigerian pensioners: A legal and moral burden on federal and states governments

In time past, Nigerians were protected from destitution and poverty, throughtraditional social security system, which was based on the concept of “our brothers keepers” and was influenced by and derived from both culture and religious characteristics of society. It was largely kinship base.Unfortunately, the traditional system of social security, where […]

Pension

PTAD pays 33% arrears to police, civil service pensioners

Executive Secretary PTAD, Sharon Ekeazor Leave a comment and share Chuks Udo Okonta The Pension Transitional Arrangement Directorate (PTAD) said it has paid pensioners under the Defined Benefit Scheme (DBS) another instalment of the 33 per cent Pension arrears owed to its pensioners. A statement released by the directorate noted […]

Pension

PTAD eyes EFCC, ICPC to recover over N25bn from 9 insurers

Ekeazor Leave a comment and share Chuks Udo Okonta Pension Transitional Arrangement Directorate (PTAD) says it may take legal action including the involvement of the Attorney General of the Federation and agencies such as the Economic and Financial Crimes Commission (EFCC) and Independent Corrupt Practices Commission (ICPC) to recover over […]

Pension

Lagos State pays over N80bn into workers RSA

Onanuga Leave a comment and share Chuks Udo Okonta Lagos State Government has paid more than N80 billion into the Retirement Savings Account (RSA) of active workforce since the commencement of the Contributory Pension Scheme (CPS) dispensation in 2007, the Commissioner, Establishments, Training and Pensions, Dr. Akintola Benson Oke, has […]

Pension

LASPEC boss flays cold war between PFAs, life insurers

Mrs Onanuga unveiling NAIPCO Journal Leave a comment and share Chuks Udo Okonta The Director-General, Lagos State Pension Commission, (LASPEC) Mrs Folashade Onanuga, has called on Pension Fund Administrators (PFAs) and life insurers to work together to build a virile pension industry rather than fighting one another in a bid […]