Pension News

PensionNigeria Weekly Newsletter for week Ended 19 July 2019.

Pension Fund Administrators (PFAs) Performance for June 2019.
Click below to see the performance of Fund I, II, III, & IV for all Pension Fund Administrators (PFAs) in Nigeria for June 2019.
https://www.pensionnigeria.com/news/retirement-savings-account-rsa-fund-i-ii-iii-iv-return-on-investment-roi-for-all-pension-fund-administrators-pfas-in-nigeria-for-june-2019/

Teacher Sues School Over Non Remittance of her Pension Contributions
National Industrial Court declares that the non-payment of salary and non-remittance of pension contributions to one Mrs Udeme Akerele who is a teacher, was wrong and unacceptable.
Click here to read the full news
https://www.pensionnigeria.com/news/teacher-sues-school-over-non-remittance-of-her-pension-contributions/

EFCC to declare a Police Pension Fraud Convict, John Yusuf, Wanted for Evading Prison
EFCC may declare a pension fraud convict, John Yusuf, wanted for evading prison after the Court of Appeal, Abuja division, sentenced him for 2 years and fines him N22.9bn for police pension fraud.
Read the full details about John Yusuf questionable conviction here
https://www.pensionnigeria.com/news/efcc-to-declare-a-police-pension-fraud-convict-john-yusuf-wanted-for-evading-prison/

PTAD gives Lunch to pensioners at the ongoing SouthWest Parastatals Pensioners Verification Exercise.
Click the link below to see the pictures
https://www.pensionnigeria.com/news/ptad-gives-lunch-to-pensioners-at-the-ongoing-southwest-parastatals-pensioners-verification-exercise/

Governor Emeka Ihedioha of Imo State has disclosed that Imo State Government owes pensioner over N60 Billion, lamenting over the accumulated pension arrears in the state.
Check here for details of number of months outstanding and what could have been done to reduce it.
https://www.pensionnigeria.com/news/imo-state-government-owes-pensioner-over-n60-billion/

Nigerian Union of Pensioners have asked the National Industrial Court in Abuja to compel the Nigerian Social Insurance Trust Fund (NSITF) to pay the arrears of pension increments owed them.
Click here to read full news
https://www.pensionnigeria.com/news/nsitf-pensioners-ask-court-to-restore-unpaid-pension-arrears/

PTAD met with the union representatives of Inland Rolling Mills of Osogbo, Jos and Katsina on the re-computation of pension benefits in line with the approved pension policy guidelines.
Read full news here
https://www.pensionnigeria.com/news/pension-transitional-arrangement-directorate-ptad-parleys-inland-steel-rolling-mills-pensioners-on-pension-payments/

Ekiti State Governor, Dr Kayode Fayemi has disclosed that his administration has expended a total sum of N3.9 Billion on monthly payment of pensions between October 2018 and June 2019.
Read full news here
https://www.pensionnigeria.com/news/ekiti-expends-n3-9-billion-on-pension-payments/

Pension Transitional Arrangement Directorate (PTAD) extends ongoing Parastatals Pensioner Verification Exercise for Pensioners and Next of Kin (NoK) of all Treasury Funded Parastatals, Agencies and Institutes in the South West Zone.
Click here for full details
Dates, venues etc
https://www.pensionnigeria.com/news/pension-transitional-arrangement-directorate-ptad-extends-parastatals-pensioners-verification/

Osun State Supervisor for Finance, Mr Bola Oyebamiji, has disclosed that Osun State workers in the civil service and retirees have started receiving their salaries and pensions for the month of June 2019, saying this is as a result of the commitment of Mr Adegboyega Oyetola to the welfare of the pensioners and workers in the State.
Click here to read the full information
https://www.pensionnigeria.com/news/osun-state-pays-workers-and-pensioners-for-the-month-of-june-2019/

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2 thoughts on “PensionNigeria Weekly Newsletter for week Ended 19 July 2019.

  • Peter P.J Ngbeken

    Please when is payment for those that retired in August 2018 taking place. Previously June 2018 and July 2018 received theirs early.

    • PensionNigeria

      Please note we currently dont have information on the actual time, but we will share once available.

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