The Oyo State Government has advanced plans to place civil servants recruited from 2025 under the Contributory Pension Scheme (CPS), with full implementation scheduled to commence on July 1, 2026. The government said the move…
The Pension Transitional Arrangement Directorate (PTAD) has faulted a protest by former employees of the defunct Assurance Bank Plc over their exclusion from the N32,000 pension increment approved by the Federal Government, insisting that the…
The Nigeria Police Force Pensions Ltd. has launched a WhatsApp Business platform aimed at improving pension administration and making it easier for police personnel and retirees nationwide to access information and support services. The platform…
Thousands of retired federal workers and beneficiaries of deceased contributors received long-awaited pension payments in the fourth quarter of 2025 as the Federal Government disbursed ₦30.06 billion in accrued pension rights to 8,770 retirees and…
The National Pension Commission (PenCom) has proposed a new pension package for personnel of the Nigeria Police Force under the Contributory Pension Scheme (CPS), aimed at improving retirement benefits, addressing welfare concerns, and reducing calls…
The National Pension Commission (PenCom) and the Nigeria Labour Congress (NLC) have announced plans to commence enforcement operations against employers failing to remit workers’ pension deductions under the Contributory Pension Scheme (CPS) from June 1…
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…
A member of the Benue State House of Assembly, Mr. Douglas Akya, has unveiled plans to enhance retiree welfare through a proposed bill seeking to establish a minimum pension benchmark of between ₦40,000 and ₦50,000…
With pension assets at an all‑time high and the industry facing consolidation pressure, HR leaders must go beyond passive fund selection. Ask your Pension Fund Administrator these questions—and demand clear answers. “What is your current…
Nigeria’s pension fund industry recorded significant growth, with total assets rising to N28.04 trillion as of January 31, 2026, representing a 22.64 per cent increase from N22.86 trillion recorded in January 2025. According to the…
