Pensioners
18 Mar
Pension fund administrators (PFAs) who fail to enlighten pensioners on programmed withdrawal and other features risk a fine of N500,000. The National Pension Commission (PenCom) said the feature includes retirement life annuity
13 Mar
The Federal Civil Service Pensioners Branch (FCSPB) has called for the immediate payment of the N25,000 wage award as promised by the Federal Government. Mr Sunday Omezi, President of the association, made the request at a news conference on Wednesday in Abuja. Omezi added that if the federal government failed to honour its promises, pensioners…
3 Mar
The Zamfara State government has verified 3,079 retirees in an effort to pay the backlog of gratuities owed by previous administrations. Retired state and local government workers had not received their gratuities since 2011, according to a statement by Governor Dauda Lawal’s spokesperson, Sulaiman Bala Idris. He said that a total of 1746 pensioners from…
9 Feb
The Nigeria Union of Pensioners (NUP) has decried its non-inclusion in the national minimum wage committee, threatening to embark on a nationwide protest to express the maltreatment of retired workers in the country.
4 Feb
Kwara State Government has further addressed outstanding salaries and gratuities owed to local government workers, basic school teachers, and pensioners by committing another N1.03 billion. This latest payment marks the government's continued efforts to settle inherited arrears from the previous administration. Governor AbdulRahman AbdulRazaq has repeatedly emphasized the government's commitment to clearing these debts as…
17 Dec
Against the pitiable situation of many public sector retirees, it is disheartening that most states in the country are patently guilty of violating the statutory pension scheme.
11 Dec
The Pension Fund Operators Association of Nigeria (PenOp) said that 442,000 pensioners have received N1.63 trillion as a lump sum in annuity and programmed withdrawals from 2007 to 2023.
29 Nov
The Osun State Government has approved the monthly payment of N15,000.00 to each worker and N10,000.00 to each pensioner in the state as palliatives to cushion the effects of the removal of petroleum subsidies by the Federal Government of Nigeria. The payments, which were approved by Governor Ademola Adeleke, will commence from December 2023 and…
1 Nov
Lagos State Commissioner for Establishments and Training, Afolabi Ayantayo, yesterday, assured protesting state’s pensioners that government was doing everything to meet their requests.
19 Oct 2023
The Nigeria Union of Pensioners (NUP) has lamented the non-remittance of N145 billion into the contributory pension scheme by the Federal Government.
18 Sep 2023
The Nigerian Union of Pensioners Contributory Pension Scheme (NUPCPS) has called on the federal government to improve the social welfare of pensioners and workers to support economic growth.
25 Jul 2023
Pensioners have urged the Federal Government to include their needs in the proposed palliative packages to cushion the effect of petrol subsidy removal. President of the Nigeria Union of Pensioners (NUP), Godwin Abumisi, stated this in Abuja yesterday, while speaking on the palliatives, adding that pensioners should be treated as part of low-earners. He argued…