FG to Float N758bn Bond in 3 Months to Clear Pension Arrears   The Director-General of the National Pension Commission (PenCom) Mrs. Omolola Oloworaran has stated that the commission is optimistic that the recently approved N758 billion bond by the Federal Executive Council to clear pension...

FG Has Ordered Payment Of Outstanding Arears, Says PenCom       The National Pension Commission has said that the Federal Government has given an order to clear the outstanding pensions of its retirees under the Contributory Pension Scheme. PenCom said this on Wednesday in a statement titled ‘Presidential...

Fed Govt Clears N6.2bn Arrears Of 16,210 Pensioners       The Pension Transitional Arrangement Directorate in charge of the administration of pensions of federal retirees under the Defined Benefits Scheme said it paid N6.2bn arrears to 16,210 pensioners. It disclosed this in a statement on Tuesday titled ‘PTAD...

PenCom To Collect Bonds Through DMO For N400bn Pension Arrears   The National Pension Commission plans to raise pension bonds through the Debt Management Office to offset the pension arrears of federal retirees. The arrears accumulated through accrued rights. The Chairman, Senate Committee on Establishment and Public Service,...

Ondo Govt Owes Us N50bn Pension Arrears, Gratuities – Pensioners   The Ondo State chapter of the Nigeria Union of Pensioners on Thursday appealed to the state government to address the issue of their unpaid pensions and arrears of gratuities. The pensioners lamented that the state owed...

CAC Settles N1.2bn Salary, Pension Arrears     The acting Registrar-General, Corporate Affairs Commission (CAC), Lady Azuka Azinge, Wednesday said a nine per cent staff salary increment arrears which had resulted in industrial disharmony in the commission had been settled within her two years of assumption of...