PensionNigeria Weekly Newsletter for Week Ended 13 February 2022

PensionNigeria Weekly Newsletter for Week Ended 13 February 2022

In this issue,
Retirees Fight to access 50% Lump Sum
Lagos releases N1 Billion for 222 Retirees
Bill for 75% Lumpsum passes 2nd Reading
PenCom Extends Online Enrolment Exercise
Steps for PTAD “I AM ALIVE” Pilot Confirmation
GTCO Promises Innovative Pension Fund Services
Lagos Promises to Clear Backlog of Pension in 2023
Retirees get N250m for Outstanding gratuities in Oyo
Kebbi commence payment of gratuity to 2017/2018 Retirees
Guaranty Trust acquires 100% stake in Investment One Pension
Lagos State Retirees to enjoy immediate Pension from next year
PenCom 2022 Requirements for Pension Compliance Certificate
Military Pensions Board begins payment of Minimum Wage Increment

Read full news below;

Regulatory News

Bill Proposing to allow Retirees get 75% Lumpsum passes Senate 2nd Reading

Retirees Fight to access 50% Lump Sum from their Retirement Savings Accounts with PFAs

Guaranty Trust Holding Company Plc acquires 100% stake in Investment One Pension Managers Limited

PenCom 2022 Requirements for Pension Compliance Certificate, a Publication by PenCom.

PenCom Extends Online Enrolment Exercise, says only those who enrol will be paid.

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Statement Released by Investment One Financial Services Limited on sale of PFA to Guaranty Trust Holding Company Plc

GTCO Promises Innovative Pension Fund and Wealth Management Services.

State Pension News

Lagos releases N1 Billion for 222 Retirees at 91st Retirement Bond Presentation Ceremony. Promises to Clear Backlog of Pension in 2023 and Free Transportation and Healthcare Services for Pensioners.

LASG organises ‘Pens Down’ Ceremony for Retired Permanent Secretaries

Lagos State Retirees to enjoy immediate Pension from next year.

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Retirees get N250m for Outstanding gratuities in Oyo.

Kebbi State commence verification and payment of gratuity to 2017/2018 Retirees.

Military Pension

Military Pensions Board begins payment of Minimum Wage Increment.

PTAD News

Steps for PTAD “I AM ALIVE” Pilot Confirmation

Rejoinder to the Vanguard Newspaper Story on Page 7 of Monday, 7th February, 2022 Titled “Retirees on PTAD Payroll Hits 250,000”.

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