Pension

The Federal Government has approved ₦758 billion in bonds to offset long-standing pension liabilities, including pension increases owed since 2007. The Director-General of the National Pension Commission, Omolola Oloworaran, disclosed this…
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By Musa Usman The current rule, which effectively restricts a retiree's one-time lump sum pension withdrawal to about 25% of their total savings, is seriously flawed. This restriction, which arguably serves the financial interests of the…
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The Pension Transitional Arrangement Directorate (PTAD) says it has begun implementing the new pension increments for retirees under the Defined Benefit Scheme (DBS). The increments of ₦32,000, 10.66 per cent, and 12.95 per cent will take…
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The Federal Government assurance to clear outstanding pension liabilities as funds are disbursed N5.12 billion pension Arrears to 90,689 Defined Benefit Scheme (DBS) pensioners under the Pension Transitional Arrangement Directorate (PTAD).…
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The Kaduna State chapter of the Union of Retired Police Officers has said the body resolved to embark on a nationwide demonstration dubbed the “Mother of All Peaceful Protests” on July 21, 2025. The group said the protest is about…
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The Inspector-General of Police (IGP) Kayode Egbetokun, has ordered a thorough investigation into the claims made by a retired Superintendent of Police in a viral video concerning the welfare and retirement benefits of police pensioners. …
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The National Pension Commission (PenCom) has warned that organisations failing to comply with pension remittance obligations will be blacklisted starting Nov. 10. The Director-General of PenCom, Ms Omolola Oloworaran, issued the warning…
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The National Pension Commission (PenCom) has announced the recovery of ₦1.58 billion from defaulting employers through enhanced enforcement efforts. This information was shared by the Director General of PenCom, Ms Omolola Oloworaran,…
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Esther Marcus, a woman who claims to be a retired Deputy Superintendent of Police from the Nigeria Police Force, has shared her experience of being underpaid after 35 years of service. In the now-viral video, Marcus, who claimed to have…
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The Katsina state government has disbursed N13.5 billion to settle outstanding pensions and gratuities owed retirees. The amount covered the payment of outstanding liabilities to 2,313 retirees in the state and local government services…
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