FCMB Group To Acquire 96% Of AIICO Pensions
Yemisi Izuora FCMB Group and AIICO Insurance have notified the Nigerian Stock Exchange (NSE) and the investing public of discussions for sale of 96 per cent stake of AIICO Pensions…
Pension
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PTAD To Pay One-Off Outstanding Entitlements To Verified Ex-Workers Of NAHCO.
Yemisi Izuora The Pension Transitional Arrangement Directorate (PTAD) is set to pay the first batch of the verified Ex-Workers and Next of Kin (NoK) of the Nigerian Aviation Handling Company…
Oyo State Government Releases N180Mn Gratuity To 2013 Retirees
Yemisi Izuora The Oyo State government, on Monday, released the sum of N180 million as part of the outstanding gratuity and pension arrears for 2013 retirees from the civil service.…
PENCOM Hands Off Management Of First Guarantee Pensions Limited
…Returns PFA To Reconstituted Board Yemisi Izuora The National Pension Commission (Commission) PENCOM, has formally handed over First Guarantee Pension Limited (the PFA), to its reconstituted Board of Directors. The…
Pension Fund operators endorse NPF Pensions’ demand for special gratuity for police retirees
By Ikechukwu Amaechi Nigerian policemen, who have been groaning over poor retirement benefits since the introduction of the Contributory Pension Scheme (CPS) with the Pension Reform Act of 2004, will…
PTAD, ICPC Strengthen Collaboration To Fight Pension Fraudsters
Yemisi Izuora The Pension Transitional Arrangement Directorate’s fight against pension fraudsters and scammers has received a boost as the agency enters into partnership with the Independent Corrupt Practices and Other…
Ondo State Pensioners Happy With 33% Increase In Allowances
Yemisi Izuora Pensioners in Ondo State have commended the political will of Governor Oluwarotimi Akeredolu to implement and make payment of 33 per cent increment in their allowances. Elder Adedapo…
PenCom Warn Against Non Timely Pension Deduction Remittances
Yemisi Izuora The National Pension Commission (PenCom) has reminded employers of their obligations to remit all pension deductions as breach has consequences. The agency has also called on employees to…
PENCOM Seeks Implementation Of Pension Enhancement On Programmed Withdrawal
Yemisi Izuora The National Pension Commission, PENCOM, has directed Pension Fund Administrators (PFAs), to implement the second edition of the pension enhancement exercise for retirees on Programmed Withdrawal mode of…
FG Pays Over N842Mn Pension Arrears To NITEL/Mtel Pensioners
Yemisi Izuora The Pension Transitional Arrangement Directorate (PTAD) has paid one month pension arrears amounting to N842,808,921.52 (Eight Hundred and Forty Two Million Eight Hundred and Eight Thousand, Nine Hundred…
