Tag: Pension
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Electricity workers shut down distribution company over pension remittance
Electricity workers on Monday shut down the Kano Electricity Distribution Company (KEDCO), over alleged failure to remit their pension deductions in the last 72 months. The workers, under the aegis of the National Union of Electricity Employees (NUEE
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Okowa didn’t sign law on governors’ new pension benefits – Aniagwu
The Delta State Commissioner for Information, Mr Charles Aniagwu says Gov. Ifeanyi Okowa of Delta did not sign any law to give governors new retirement benefits.
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Pension Liabilities: Kaduna govt releases N920m for pensioners
The Kaduna State Government (KDSG) has released N920 million for the settlement of outstanding pension liabilities which include death benefits and gratuity. A statement issued from Sir Kashim Ibrahim House stated that the payment schedule which was dated March 9, 2023, comprises state and local government pensioners in the old Defined Benefits Scheme. The statement…
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Woman placed on monthly allowance for donating pension to Buhari
Mrs Rose Julius, a pensioner, has been placed on a monthly allowance by C&F Porter Novelli for displaying patriotism by donating her monthly pension to support the current administration of Muhammadu Buhari.
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FG releases N13.89 billion pension for 2022 retirees
The National Pension Commission (PenCom), on Thursday, said the Federal Government had released N13.89 billion for payment of Accrued Pension Rights (APRs) of 2022 retirees of Ministries, Departments and Agencies (MDA’s).
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Okowa approves release of N5bn for payment of pension arrears
Gov. Ifeanyi Okowa of Delta on Monday approved the release of five billion Naira for the payment of pension arrears in the state. The State Commissioner for Information, Mr. Charles Aniagwu, disclosed this in a statement in Asaba.
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Delta commits N1bn monthly to pension payment, enlists flood victims into health scheme
The Delta Government says it has committed N1.1 billion monthly to paying retired civil servants their pensions. The State Commissioner for Information, Mr Charles Aniagwu, disclosed on Friday in Asaba at a news briefing. He was in the company of Dr Ben Nkechika, Director General, Delta State Contributory Health Commission. Aniagwu also disclosed that the…
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TNG Deal Breakers: Thou shall not labour in vain
Let me say that this is not political campaign rhetoric or is it meant to weigh into any party’s ideology. This is strictly business of labour deals in their collective bargaining power and ways to boost workers’ welfare. It is rather a proposal to organized labour groups to engage more with employers to take advantage…
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Good news for pension contributors as PenCom approves guidelines on accessing RSA Balance for equity payment
Pensioners have every reason to smile soon as PenCom approves guidelines on accessing RSA Balance for payment of equity contribution for residential mortgage This was contained in a statement issued by the National Pension Commission (PenCom) stating all the necessary guidelines to access their RSA. The commission said it is pleased to inform all…
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Ireland to increase state pension for workers above 66 years
Ireland on Tuesday announced that workers above 66 years would be given a higher state pension the longer they stay at work. The country was sidestepping a recommendation by a government-appointed commission to gradually increase the retirement age to 68 to help fund the ageing population.