Tag: Pension
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Labour demands suspension of pension scheme in Ogun
The organised labour in Ogun has called for the suspension of the Contributory Pension Scheme (CPS) over N82 billion unremitted pension deductions in the state.
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Pension Fund Assets rise to N23.33trn – PenCom
National Pension Commission (PenCom) says the total assets under the Contributory Pension Scheme (CPS) rose to N23.33 trillion as at March 31.
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Bayelsa Govt orders quick payment of workers’ gratuities
Bayelsa government has directed the Local Government Service Commission and Pensions Board to provide pre-retirement forms to all affected staff three months to their due date.
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How ICPC recovered N20bn ghost workers’ pension deductions
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) says it recovered over N20 billion in pension deductions from the salaries of ghost workers in 2024.
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Civil servants want NASS to amend pension law
The Association of Senior Civil Servants of Nigeria (ASCSN) says there is need for the National Assembly to amend the pension law for more robust packages for retired civil servants.
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Abia pensioners beg govt to clear gratuity
The Concerned Abia Pensioners, a pressure group, have appealed to the State Government to begin the payment of arrears of gratuity in instalments.
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Why police should not exit CPS – Pension fund operators
The Pension Fund Operators Association of Nigeria (PenOp), has expressed concerns over proposals from the Nigeria Police Force (NPF), to exit the Contributory Pension Scheme (CPS) to Defined Benefits Scheme (DBS).
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FG to begin payment of pension backlog – Edun
The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, says the Federal Government will soon begin payment of pension backlog.
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Lagos Gov’t pays N740m accrued pensions
The Lagos State Government has paid N740 million accrued pension rights to another set of 348 retirees. Mr Babalola Obilana, Director General, Lagos State Pension Commission(LASPEC), confirmed this at the 107th batch retirement bond certificate presentation ceremony on Friday in Lagos.
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Police retirees vow to protest over Pension Exit Bill
The National Union of Police Retirees, Kaduna State Branch has vowed that it would organise the mother of all protests by occupying the National Assembly until President Bola Tinubu signs the Pension Exit Bill. According to the retirees, they are earnestly waiting for “the bill to exit the Nigeria Police from Contributory Pension Scheme and…