FG released N13.89bn pension for 2022 retirees – PenCom
The payment will cover for employee’s benefits up to June 2004, when the Contributory Pension Scheme (CPS) came into effect.
Tag: retirement savings account (RSA)
PenCom issues revised regulation for retirement benefits
The key highlights of the revised regulation include the simplification of the documentation process, non-confirmation of employment status by employers, ...
PenCom kicks against bill seeking payment of “at least 75 per cent” lump sum to retirees
A bill seeking to amend the Pension Reform Act is currently before the National Assembly.
Retired paramilitary officers want exemption from Contributory Pension Scheme
The retired paramilitary officers said they also face similar hazards and difficulties in the course of their constitutional or assigned ...
Pal Pensions launches Fund VI, reiterates commitment to innovative pension service delivery
Fund VI is part of the multi-fund structure, a framework that aligns the age and risk profile of RSA holders ...
FG approves payment of outstanding pension liabilities
President Buhari has also approved the payment of backlog of death benefits.
Seven Nigerian states yet to enact contributory pension laws
Some states enacted the law without implementing them, with only Lagos and Abuja the only ones to have fully complied.
Ex-PHCN workers entitled to 4% of privatised electricity firms, says BPE
The federal government also announced the payment of about N409.92 billion as severance and death benefits to the affected ex-workers.