Archives for PENSIONS - Page 28
PenCom Holds 2019 Pre-Retirement Workshop For Prospective Retirees
The National Pension Commission (PenCom) has concluded plans to hold the 2019 Pre-Retirement workshops for staff of Ministries, Departments and Agencies(MDAs) who are due to retire between January…
Expert Highlights Rights Of Workers Under CPS
BY BARR. IVOR TAKOR, mni. DIRECTOR, CENTRE FOR PENSION RIGHT ADVOCACY. On July 1, 2014 the Pension Reform Act 2014 or “the Act” was enacted into lawcommencing from July 1, 2014. The Act, which…
NLC Urges State Govts To Settle Arrears Of Pensioners
The Nigerian Labour Congress (NLC) has called on state governments owing pensioners arrears to pay them as soon as possible to reduce their hardship. NLC National President…
PFAs Invest N638.89bn Pension Funds In Banks
National Pension Commission (PenCom) has disclosed that the Pension Funds Administrators have invested pension funds in the banking industry as of the end of January 2019. PenCom…
N8.7tn pension fund: PenCom bars PFAs from investing in bonds issued by nine states
The National Pension Commission has barred pension fund administrators from investing in the bonds of nine states that have yet to amend their state pension laws and…
Feature: Transfer Window: PenCom, PenOp Guard Against Fraud
As pension industry awaits unveiling of the Retirement Savings Account (RSAs) Transfer Window, PenCom and PenOp have intensified effort aimed at ensuring a fraud free initiative. NGOZI…
PTAD Settles Pensioners With N102.8 bn in 15 Months
Pension Transitional Arrangement Department (PTAD) has disclosed that between January 2018 and March 2019, a total of was paid by the Federal Government to pensioners in the…
Pension Increment Arrears: FG Approves N2.6bn
The Pension Transitional Arrangement Directorate (PTAD) has approved the payment of the final tranche of the six months’ arrears of 33 per cent pension increment to pensioners.…
N9trn Pension Fund: Reps Threatens To Issue Bench Warrant On PFAs, Others
House of Representatives threatens to issue a bench warrant to compel Pension Fund Administrators (PFAs) to appear before its ad hoc committee, if they fail to attend the…
Buhari Launches Micro Pension plan, Assures Pensioners of Regular Entitlement Payment
By Ngozi Onyeakusi .... President Muhammadu Buhari has launched the Micro Pension Plan and assured Pensioners of regular payment of their entitlements. The President on Thursday assured Nigerians…