pension
3 Jan
A woman who claimed to have retired as a Deputy Superintendent of Police, Esther Marcus, has lamented the sum of N1.7 million she received as gratuity and a monthly pension of N40,000 after spending 35 years in service. Marcus, who claimed to have joined the Nigeria Police Force (NPFL) before she clocked 16 years, shared…
7 Dec
The Federal Government has released N44 billion to partially settle outstanding pension rights for retirees under the Contributory Pension Scheme. The sum was paid into the Retirement Benefits Bond Redemption Fund account at the Central Bank of Nigeria (CBN). The National Pension Commission (NPC) revealed that the sum will cover retirees verified and enrolled between…
6 Dec
President Bola Tinubu has directed the release of funds for the payment of pension arrears, salary increases, and other entitlements owed to retired military personnel. The decision follows two days of peaceful protests by military veterans at the Federal Ministry of Finance. Minister of State for Defence, Dr. Bello Muhammed Matawalle, announced the directive on…
4 Dec
Mr Anthony Agbas, the president of the Ex-Service Men and Family Welfare Association of Nigeria, has urged the government to pay all their pension arrears and other entitlements. Agbas made the call during a peaceful rally by the ex-servicemen at the Federal Ministry of Finance in Abuja on Wednesday. He said that military pensioners in…
1 Dec
Retired civil servants, otherwise known as ‘senior citizens,’ are advising workers still in service to start preparing for retirement immediately upon receiving their appointment from the government. Some of them have lamented the struggle after leaving the service, and some believe that the contributory pension scheme should be stopped so they can focus on their…
27 Nov
Governor Ademola Adeleke of Osun on Wednesday said his administration has paid N12bn pension debt in his two years as governor of the state. Adeleke made this known during his state broadcast to mark the two years anniversary of his administration. While reeling out the achievements of his administration, Adeleke said his government has been…
27 Oct
Retirees in Anambra, Ebonyi and Enugu States have urged the Federal Government to address and remove all the bottlenecks delaying payment of pensions to retired civil servants in the country. They made the call separately in a News Agency of Nigeria (NAN) survey on ways of improving pension payments. NAN reports that in 2004, the…
22 Oct
Kogi State Governor, Ahmed Usman Ododo, has made history by approving a new pension harmonisation for pensioners in Kogi State, breaking a 20-year record since the last pension adjustment. The governor gave the approval of the sum of N10,000 as a harmonisation allowance for all pensioners in Kogi State today at the conference hall of…
17 Oct
The Provost of Ebonyi State College of Education, Professor Benedict Mbam, on Thursday, said that the staff of the institution were not gazetted for the payment of pension and gratuity, therefore appealing to the Ebonyi State Government under Governor Francis Nwifuru to gazette the staff of the institution for the payment of pension and gratuity.…
27 Sep
The National Bureau of Statistics (NBS) has said that just about 26.3 per cent of Nigerian workers have a pension plan and health insurance policy across the country in 2023.
7 Aug
In a bid to cushion the effect of hardship in the state, the Niger State Government has disbursed N25 billion to clear 21 years of outstanding pensions and gratuities owed to retirees in the state. Governor Umaru Bago, who made this known, explained that the payment underscores his administration's dedication to the welfare of the…
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