The Pension Transitional Arrangement Directorate (PTAD) says it has paid more than ₦1 trillion in monthly pensions to retirees under the Federal Government’s Defined Benefit Scheme (DBS) since assuming full management of the system in…
The Katsina State Government has taken a major step towards resolving the long-standing pension crisis affecting retired civil servants, announcing plans to clear a N20 billion gratuity backlog across the state and local government levels.…
Great Nigeria Insurance has assured retirees under its annuity programme that any additional pension inflows due to them will be credited immediately once the funds are released. The commitment was given at the third GNI…
The National Pension Commission (PenCom) and the National Insurance Commission (NAICOM) have issued new guidelines clarifying how additional pension inflows should be managed for retirees under annuity schemes. The move aims to strengthen transparency, fairness,…
The National Pension Commission (PenCom) has rebranded its Personal Pension Plan (PPP) to expand coverage and encourage voluntary retirement savings among Nigerians, especially informal sector workers. PenCom Director-General Omolola Oloworaran disclosed this during a sensitisation…
The Director-General of the National Pension Commission (PenCom), Omolola Oloworaran, has said Nigeria’s Contributory Pension Scheme (CPS) has transformed the country’s pension system, replacing decades of uncertainty with transparency, sustainability, and inclusiveness. Speaking at a…
The National Pension Commission (PenCom) has released its first-ever guidelines on foreign currency (FCY) pension contributions under the Contributory Pension Scheme (CPS), as part of its ongoing “Pension Revolution 2.0” reforms. The Director-General of PenCom,…
The Nasarawa State House of Assembly has urged the State Bureau for Pension Administration to ensure fairness and objectivity in the disbursement of gratuity to pensioners across the state. The call was made on Tuesday…
The Lagos State Government has released ₦1.52 billion in retirement bond certificates to 798 retirees from the state’s civil service under the Contributory Pension Scheme (CPS). The certificates were presented on Monday during the 110th…
The Academic Staff Union of Universities (ASUU), Umaru Musa Yar’adua University (UMYU) Katsina chapter, has called on the Katsina State Government to fully implement the Unified University Salary Structure and resolve challenges affecting pensions and…
