Pension

Pension

Photos: Faces at the AIICO Pension Managers 10th anniversary

L-R, Director General Lagos State Pension Commission, Mrs. Folasade Onanuga, APML’s Brand Ambassador, Ms. Joke Silva and the Managing Director APML, Mr. Eguarekhide Longe, during the unveiling ceremony of CSR projects carried out by AIICO Pension Managers Limited at the Old Peoples Home Yaba Lagos in commemoration of their 10th […]

Pension

Insurers trail PFAs in retirement benefits business

Pension operators .PW 132,405 .Annuity 29,620 Leave a comment and share Chuks Udo Okonta Life insurance operators have continued to trail behind Pension Fund Administrators (PFAs) in retirement benefits business as retirees under Programmed Withdrawal (PW) stood at 132,405 and annuity 29,620 as at the end of March 2016. The […]

Pension

‘Lack of funding threatening CPS’

Olowosuko Funding pitfalls that affected the Defined Benefit Scheme (DBS) may threaten the Contributory Pension Scheme (CPS) if the Federal Government does not pay accrued pension rights, experts have said. They spoke at the 2015 Nigerian Insurance and Pension Awards organised by Inspenonline in Lagos. The experts condemned a situation […]

Pension

Pension funds cut to bone in more provinces

An elder shows her social security card in Nantong city, Jiangsu province, March 30, 2016. [Photo/IC] China’s pension insurance balance of urban employees and urban and rural residents added up to four trillion, according to the Annual Report on Social Security Development 2015, Southern Metropolis Daily reported on Monday. Issued […]

Pension

‘Include free health care in pension scheme’

Olowosuko By Nike Popoola The Director-General, Ondo State Pension Commission, Mr. Jaiyeola Olowosuko, has urged operators of the Contributory Pension Scheme to include free health care in the package for its subscribers when they retire. Olowosuko said this during the Nigerian insurance and pension awards with the theme: ‘Robust pension […]

Insurance Pension

LASPEC, FBNInsurance others win Inspenonline awards

From left: Managing Director Plum Insurance Brokers Limited, Mrs Laide Osijo; Director, Centre for Pension Right Advocacy, Mr Ivor Takor; Director General Lagos State Pension Commission, Mrs Folashade Onanuga and the Director General Ondo State Pension Commission, Mr Jaiyeola Olowosuko at the 2015 Nigerian Insurance and Pension Awards in Lagos. […]