Tag: #Retirees
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LAGOS PENSIONERS BEGIN WARNING PROTEST OVER UNPAID BENEFITS
The Nigerian Union of Pensioners (NUP), Lagos State Council, has begun a warning protest in Badagry over alleged unpaid pension liabilities and other welfare concerns. The Lagos NUP Chairman, Mr Olufemi Olarewaju, represented by the chairman of the union’s Badagry zone, Mr Abdulmalik Abiodun, said the protest was aimed at drawing the state government’s attention…
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PTAD PAYS 3.82BN NAIRA PENSION ARREARS TO OVER 30,000 RETIREES
The Pension Transitional Arrangement Directorate (PTAD) has disbursed N3.82 billion in pension arrears to 30,356 pensioners under the Defined Benefit Scheme (DBS). PTAD Head of Corporate Communications, Olugbenga Ajayi, said in a statement that the beneficiaries were drawn from the Parastatals Pension Department, Defunct and Transferred Agencies Pension Department, and Tertiary, Education and Health Pension…
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PTAD: PENSION HARMONISATION TO BOOST EQUITY, IMPROVE RETIREES’ WELFARE
The Pension Transitional Arrangement Directorate (PTAD) says the ongoing harmonisation of pensions under the Defined Benefit Scheme (DBS) will promote fairness, improve retirees’ welfare and strengthen confidence in the administration of legacy pensions across the country. PTAD Executive Secretary, Tolulope Odunaiya, said the reform, approved under President Bola Tinubu’s Renewed Hope Agenda, is one of…
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GRATUITY BOOST: FG’S 100% PAYOUT GAINS PRAISE FROM RETIREES, CIVIL SERVANTS
Retirees and civil servants are cheering President Bola Tinubu’s approval of 100% gratuity payments for retiring federal workers, calling it a long-overdue recognition of their service. The Federal Executive Council’s Exit Benefit Scheme guarantees retirees a gratuity equal to their full annual salary, effective from January. Many see it as a morale booster and a…
