Pensions

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Pensions
Editor

PTAD PAYS ₦13.87BN PENSION ARREARS TO 18,822 RETIREES

Bamidele Dave, Abuja     The Pension Transitional Arrangement Directorate (PTAD) has disbursed ₦13.87 billion in pension increment arrears to 18,822 retirees under the Defined Benefit Scheme (DBS), covering outstanding payments arising from approved pension increases for former Power Holding

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Pensions
Editor

PENCOM RAISES PENSIONS FOR 241,000 RETIREES

Leah Katung-Babatunde.   The National Pension Commission (PenCom) says more than 241,000 retirees have benefited from increased monthly pension payments under reforms introduced by the administration of President Bola Tinubu. PenCom Director-General, Ms Omolola Oloworaran, disclosed this on Tuesday at

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Finance
Editor

PENCOM PUSHES PENSION 2.0 TO EXPAND COVERAGE

Barbara Bako, Abuja.   The National Pension Commission (PenCom) is rolling out a new phase of pension reforms aimed at expanding coverage, improving service delivery and making Nigeria’s pension system more responsive to contributors and retirees. The commission’s Director-General, Ms

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Finance
Editor

PTAD CLEARS N18.96BN PHCN PENSION ARREARS

Barbara Bako, Abuja.     The Pension Transitional Arrangement Directorate (PTAD) has completed the payment of outstanding Back-End Computation (BEC) arrears to 3,958 pensioners of the defunct Power Holding Company of Nigeria (PHCN) under the Defined Benefit Scheme, disbursing N9.48

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Pensions
Editor

KENYAN REGULATORS STUDY NIGERIA’S PENSION MODEL

Barbara Bako, Abuja.     A delegation from Kenya’s Retirement Benefits Authority (RBA) has arrived in Abuja for a four-day technical study visit aimed at examining Nigeria’s pension regulatory framework and reform experience. The visit, hosted by the National Pension

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Pensions
Editor

NAICOM SEEKS WIDER MANDATORY INSURANCE COVERAGE IN ABIA

Barbara Bako, Abuja.     The National Insurance Commission (NAICOM) has called for stronger collaboration between the Abia State Government and the insurance industry to expand mandatory insurance coverage and protect critical public and private assets across the state. Commissioner

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