Tag: pension
Gov. Buni approves N619.5m for pensions, gratuities
About N449.6 million of the amount would be paid to 274 retirees, while N169.9 was for the next-of-kin of 93…
Reps reject life pension for principal officers
The lawmakers rejected the proposal during Clause by Clause electronic voting on the amendment of 1999 Constitution at Tuesday’s plenary.
N4.2bn pension arrears paid in two years: Lagos Commissioner
The Lagos State Government said it has paid over N4.2 billion to its pensioners, under the Defined Benefits Scheme, otherwise…
Oyetola approves N708m for pension payment
The Governor of Osun state, Adegboyega Oyetola has approved the release of the sum of N 708 million to offset…
Retirees over 60 years entitled to 50% lump sum pension payment, court says
In a landmark judgement, Justice Oyebiola Oyewumi of the National Industrial Court, Abuja Judicial Division has ordered ARM Pension Managers…
What have ex-govs received as pension? Full disclosure case goes to court
All the 36 state governors in Nigeria have been dragged to court to provide details and breakdown of payment of…
Pension reform: Strikes enter second week in France
Strikes over a planned pension reform in France look set to continue for a second weekend and Parisians can expect…
203 ex-employees drag Union Bank to court
No fewer than 203 former employees of the Union Bank of Nigeria Plc on Thursday dragged the bank before the…
Pension entitlement claim: Court dismisses ex-NPHCDA staff’s suit
The National Industrial Court Abuja on Friday dismissed a suit filed by two retirees of the National Primary Health Care…
Kano Govt. spends N1.2bn monthly on pension
The Kano State Government says it is spending N1.2 billion monthly on the payment of pension and other benefits in…
Ogun Govt. pays N6.3bn to pensioners in 9 months
Mr Femi Ogundimu, Director of Contributory Pension Scheme, Bureau of State Pension in Ogun, says the government has paid N6.3…
Anambra Govt. set to implement Contributory Pension Scheme
Anambra Government says it is set to implement the Contributory Pension Scheme (CPS) at the state level with the payment…
Pension: LASG releases N795m
The Lagos State Government has released N795 million in September to settle part of accrued pension rights of its retirees.
Use pension funds to boost private sector- Experts
Financial Experts on Friday deliberated on how pension funds could be utilised to add more values to contributors and boost…
Set aside sinking funds, Pension official charges state govts
The Executive Director, Business Development, South and Strategy, Premium Pension Ltd., Mrs Kemi Oluwashina, on Tuesday, urged state governments to…