A collaboration that will tackle corruption in the administration of pension fund in the country is underway between the National Pension Commission (PenCom) and Economic and Financial Crimes Commission (EFCC).
Pensioners, under the aegis of Concerned PHCN Pensioners, have said matters surrounding their delayed entitlements remained unresolved despite their complaints.
No fewer than 500 former employees of the Aluminum Smelter Company of Nigeria (ALSCON) in Ikot Abasi, Akwa Ibom State, yesterday, protest against nonpayment of their severance benefits.
25 Aug 2020
Ex-workers of the Nigerian Aviation Handling Company (NAHCO) Plc, have said that the contentious N1.13 billion pending at the Pension Transitional Arrangement Directorate
18 Aug 2020
Ex-staffers of the Nigerian Aviation Handling Company (NAHCO) Plc, and the management are in a row over allegations of unpaid severance gratuities, following the privatisation of the company in 2005.
7 Mar 2020
The Pension Transitional Arrangement Directorate, (PTAD) has revealed that NICON Insurance owes them over N2billion pension funds.
29 Oct 2019
These were the lamentations from the 87-year- old retiree, Mrs Comfort Tinuade Williams. Williams retired from the Federal Ministry of Works and Housing on May 18, 1992, after spending 33 years in active service. She has not been paid any pension since May 2009 to date.
5 Aug 2019
The Pension Transitional Arrangement Directorate (PTAD) on Monday commenced verification of Federal Government pensioners in North East who served in parastatals
14 Apr 2019
Pension Arrangement Department (PTAD) has said pensioners under the Defined Benefit Scheme (BDS) have received N102.82b pension between January 2018 and March 2019. A breakdown of the money shows that N59.97b was utilised to fund Parastatal Pension Department in 15 month, N45.05b in 2018 while N14.92b was spent in the first quarter of this year.…
5 Apr 2019
The Pension Transitional Arrangement Directorate (PTAD) has begun a satisfaction survey towards improving on its service delivery to pensioners. It said the phone-call based survey, which will run from March 2019 to May 2019 and phone calls to pensioners will be between the hours of 9:00 a.m. and 4:00 p.m., aimed to gauge the pulse…
1 Apr 2019
The Senate Committee on Finance on Monday queried the Federal Ministry of Finance for high budgetary releases to itself and some of its parastatal agencies. Members of the committee raised the question when officials of the ministry appeared before them to defend their 2019 budget proposals. The committee noted that amid complaints of paucity of…