The Federal Government has released N3.9 billion in arrears to 91,146 pensioners nationwide. The payment, completed on Friday in Abuja by the Pension Transitional Arrangement Directorate (PTAD), follows the recent approval of a N32,000 pension…
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has called on the National Pension Commission (PenCom) and major oil companies to address what it described as widening pension inequalities affecting retirees in…
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 revealed that more than 844,000 retirees across Nigeria’s public and private sectors now receive steady and transparent pension payments under the Contributory Pension Scheme (CPS). PenCom’s Director-General, Ms. Omolola…
The Ondo State Government has commenced the disbursement of ₦2.39 billion as gratuity payments to civil servants who retired between 2016 and 2017, reaffirming its commitment to the welfare of pensioners. Speaking at the official…
The Nigeria Union of Pensioners, Contributory Pension Scheme Sector (NUPCPS), has criticised the exclusion of its members and other retired workers from accessing the National Health Insurance Scheme (NHIS). The National Secretary of NUPCPS, Mr.…
Adamawa State Governor, Ahmadu Umaru Fintiri, on Wednesday approved the release of ₦8 billion to settle long-standing pension arrears owed to retirees in the state and across its 21 local government areas. The governor said…
The Concerned PHCN Pensioners Pressure Group has urged the Federal Government to pay entitlements owed to its members for over 25 years. At a news conference in Lagos on Thursday, the group’s Chairman, Mr. Oladimeji…
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…
A total of 8,408 Retirement Savings Account (RSA) holders accessed ₦39.86 billion as equity contributions for residential mortgages in the first quarter of 2025, the Pension Fund Operators Association of Nigeria (PenOp) has revealed. Chief…
