The Pension Transitional Arrangement Directorate (PTAD) has confirmed the completion of all outstanding arrears arising from the ₦32,000 pension increment approved for Defined Benefit Scheme (DBS) pensioners, with a total disbursement of ₦1.73 billion. The…
The Federal Government has announced plans to release guidelines for the payment of 100 per cent gratuity to retiring federal civil servants, in a move expected to strengthen post-retirement financial security. The Head of the…
Retired officers of the Nigeria Police Force staged a protest in Abuja, demanding their removal from the Contributory Pension Scheme (CPS) and decrying persistent delays in the payment of pensions and benefits. The retirees marched…
The Publisher of Inspenonline, Mr. Chuks Okonta, has called for stronger financial protection for Nigeria’s informal workforce, urging greater adoption of insurance and pension schemes to enhance long-term economic security. Speaking in an interview with…
Governor Abba Yusuf of Kano State has announced the disbursement of ₦32 billion to retirees as part of a structured effort to clear a ₦48 billion gratuity backlog inherited in May 2023, in a move…
A pension expert, Mr. Ivo Takor, has warned that extending Personal Pension Plans to students and infants could widen socio-economic inequality if not carefully structured. Takor, Director of the Centre for Pension Rights Advocacy, made…
The National Pension Commission (PenCom) has announced that its Personal Pension Plan is now open to students and infants, in a move designed to encourage Nigerians to begin retirement planning much earlier in life. Director-General,…
The Ogun State Government has commenced the payment of Additional Pension Benefits (APB) to more than 200 retirees from local government councils and the State Universal Basic Education Board (SUBEB), in a move aimed at…
The Ogun State Government has announced that retirees in its civil and public service will now receive significantly higher retirement benefits following the introduction of a new Additional Pension Benefit (APB) under the Contributory Pension…
The National Industrial Court in Calabar has ruled that the Nigerian Customs Service Board and the Nigeria Customs Service acted unconstitutionally in refusing to pay the pension of Chief Celestine Otu Edem, accrued over 27…
