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Lagos Okays N1.16bn To Pay Retirees

Lagos Okays N1.16bn To Pay Retirees     The Lagos State Government has approved the release of N1.16bn for the payment of accrued pension rights to 368 public service retirees. This was disclosed by the Director-General, Lagos State Pension Commission, Mr Babalola Obilana, while giving an update on...

PenCom Waives Requirements, Orders PFAs To Pay Retirees

PenCom Waives Requirements, Orders PFAs To Pay Retirees     The National Pension Commission has ordered Pension Fund Administrators to temporarily waive the National Identity Number that was a mandatory requirement for retirees to get their benefits following mounting complaints from retirees. It stated this in a circular...

Lagos Govt Pays Retirees N1.8bn Accrued Pensions

Lagos Govt Pays Retirees N1.8bn Accrued Pensions   The Lagos State Government says it has paid N1.8bn accrued pension rights for past civil servants into the Retirement Savings Account of 418 retirees. The payment was made from the mainstream civil service, Local Governments, State Universal Basic Education...

PenCom Orders Pension Enhancement For Retirees

PenCom Orders Pension Enhancement For Retirees   The National Pension Commission has directed the Pension Fund Administrators to implement pension enhancement for retirees on programmed withdrawal under the Contributory Pension Scheme (CPS) PenCom said in a statement that this would be the second edition of the pension...

230 FMBN Retirees Appeal To Buhari Over Outstanding Pensions

230 FMBN Retirees Appeal To Buhari Over Outstanding Pensions   Two hundred and thirty surviving pensioners of the Federal Mortgage Bank of Nigeria (FMBN) and the Federal Mortgage Finance Limited have cried out to President Muhammadu Buhari to compel their former employers to pay them their...

Pension Board Pays N534m To Jigawa Retirees

Pension Board Pays N534m To Jigawa Retirees   The Jigawa State and Local Governments Contributory Pension Scheme Board has commenced the payment of over N534 million as entitlements to 318 beneficiaries. The Executive Secretary of the board, Alhaji Ahmad Fagam, made this known while speaking with newsmen...