…Sector Pensioners Association of Nigeria has urged the government to pay eligible retirees three months of outstanding fuel-subsidy palliatives totalling N75,000 and improve access to pensioners’ healthcare benefits. The Nigeria Labour Congress said it expected the Federal Government to present concrete proposals on wo…
…measures tied to upcoming electricity and water tariff changesGovernment employees, retirees, and social security recipients are among those set to receive additional monthly paymentsPrivate sector workers face a phased minimum wage increase under the kingdom's Saudization employment frameworkPAY ATTENTION: Mark Legit.…
…mismanagement and prolonged delays. They said the situation had left serving workers and retirees without access to their savings, which they had hoped to rely on after retirement. Speaking in separate interviews with PUNCH Metro on Saturday, the cooperative’s president, Emelereta Emmanuel, said the delay had stalled t…
…her colleagues were also affected. When this was discovered, my wife and other affected retirees called on the state government to look into their cases because they considered it unfair to retire with N4m without receiving their lump-sum benefits. They asked the government to pay them about 50 per cent of their accrue…
…delaysNew benefits include an Exit Benefit Scheme, planned free healthcare for eligible retirees and a Minimum Pension GuaranteePAY ATTENTION: Mark Legit.ng as a preferred source, and our content will appear higher in your Google feed!Nigeria’s pension assets have climbed to ₦31.48 trillion, as the National Pension Com…
…foundation for a sustainable social security in the country through enhanced welfare for retirees with increased pensions and the free health to be launched at the end of this month. The Pencom boss described President Tinubu as, “the most pro-retiree president, going by the achievements recorded so far in the pension…
…prevented them from entering the premises. The action comes weeks after military retirees protested at the Ministry of Defence in September, demanding an increase in their pensions following salary adjustments for serving military personnel. The Minister of Defence, Christopher Musa, had promised that the retirees woul…
…of the NSITF, Oluwaseun Faleye, for implementing a Supreme Court judgment that left some retirees waiting for their entitlements for more than 23 years. The pensioners also praised the NSITF management for implementing approved pension increases and paying outstanding arrears, describing the measures as a relief to ret…
…efficient and competitive pension industry while improving services to contributors and retirees. “Pension 2.0 is not merely about reform; it is about transforming the customer experience. It is about ensuring that contributors are protected and can access their retirement savings accounts seamlessly and promptly,” she…
…of the sick, feed the hungry, care for our children, and protect our senior citizens, retirees.” He said people convicted of stealing from the programmes should face lengthy prison terms, with tougher penalties based on the amount stolen. “Under our proposal, probation is no longer an option for the fraudsters. If you…
…on time and in full since 2023 and reformed the national pension programme to benefit retirees and vulnerable Nigerians. But Tinubu stressed that such interventions were not intended to become a permanent substitute for economic prosperity. “These programmes are not substitutes for prosperity. They are a bridge to aid…
…time and in full since 2023 and had reformed the national pension programme to benefit retirees and vulnerable Nigerians. “These programmes are not substitutes for prosperity. They are a bridge to aid our nation’s citizens on their path towards it,” he said. “Our objective is not to manage poverty more efficiently. We…
…in full since 2023, while the national pension programme had been reformed to benefit retirees and vulnerable Nigerians. He said the social programmes were not substitutes for prosperity but a bridge to help citizens on their path towards it. “Our objective is not to manage poverty more efficiently. We will defeat it,”…
…said the council approved N2.18 billion to settle outstanding gratuities owed state retirees for 2024 and N4.06 billion for 2025. He said the latest intervention brought the administration’s total payment of state-level gratuities since inception to more than N36.5 billion and effectively cleared outstanding gratuity l…
…saying his administration did not owe workers salaries, pensioners pensions or retirees gratuities. Idris said this while highlighting his administration’s achievements in education and workers’ welfare, noting that about 6,144 civil servants, including teachers and health workers, had been recruited. “We are really do…
…you like the people that we are honouring today”. Responding on behalf of the retirees, CSP Murphy thanked the Command for the gesture and said they are retired but not tired. He described Ojajuni as a father, mentor and caregiver, and appreciated serving officers who worked with them during their careers. “We are reti…
…had approved ₦3.659 billion for the payment of pension, gratuities and death benefits to retirees and families of deceased public servants across Kaduna State and Local Government Services last week. In a statement signed by the Commissioner for Information and Culture, Malam Ahmed Maiyaki, the Governor said the latest…
…innovations in line with global best practices,” he said. Lamenting the plight of retirees, Musa-Halima described their challenges as “cumbersome.” He stated that neglect after service was cutting short the lives of many ex-officers. “Our challenges are enormous. Many of us suffer health complications due to neglect af…
…government over pension increases, consequential adjustments and wage awards which the retirees say remain unpaid. The pensioners are, however, expected to meet Governor Babajide Sanwo-Olu later in the week, after the protest reportedly attracted the attention of the Governor’s Office. The proposed meeting is expected…
…Commission to address concerns over delayed pension increases and wage awards for retirees under the Contributory Pension Scheme. PenCom disclosed this in a statement issued on Monday following concerns raised by pensioners in Lagos State over delays in implementing approved adjustments to their retirement benefits. Th…
…for the party. “The campaign covered all parts of Osun State, engaging civil servants, retirees, artisans, students, youths, entrepreneurs, women, professionals, sporting groups, persons living with disabilities and religious organisations.” Oyebamiji, however, expressed concern over the violence before, during and par…
Retirees under the Federal Government’s pension scheme have given the government 21 days to pay their outstanding N150,000 palliative allowance, threatening a peaceful protest if the payment is not made by September 10, 2026. The pensioners, under the aegis of the Coalition of Federal Pensioners of Nigeria, made the de…
The Chief of Defence Staff, Gen. Olufemi Oluyede, has assured that military retirees will benefit from consequential increases in their pensions whenever the salaries and emoluments of serving personnel are adjusted. Oluyede gave the assurance in Yola, Adamawa State capital, during an interactive engagement with milita…
…and pensions, as well as the settlement of pension arrears and gratuities owed to retirees. He also listed gains in the capital market, infrastructure development and improved access to affordable credit among the benefits of the reforms. Oyedele said the government had also expanded access to student loans through the…
…from staging their protest in front of the ministry. Credit: Solomon Odeniyi The retirees are demanding the implementation of consequential pension adjustments arising from salary increases approved for serving military personnel. Credit: Solomon Odeniyi Earlier, soldiers deployed to the ministry had moved against the…