PensionNigeria Weekly Newsletter for Week Ended 10 November 2019. – PensionNigeria

PensionNigeria Weekly Newsletter for Week Ended 10 November 2019.

PensionNigeria Weekly Newsletter for Week Ended 10 November 2019.

In this issue,
How to Avoid Poverty at Old Age
Pension Law modification Coming
PenCom to Stop Death Benefits Account
FG likely to Increase Minimum Pension for Pensioners
Coalition Calls for Commission for Ageing and Elderly Persons
Maina Fraud Case, State Pension News, PTAD News and Many More

Read full news below;

Regulatory News

This is how to Avoid Poverty at Old Age, PenCom advises Nigerians. Read full news here

National Pension Commission (PenCom) to Stop Pension Fund Administrators (PFA) from opening Death Benefits Account (DBA) for Deceased Employees – Here is what every employee is expected to do to avoid this issue.

General Pension News

FG likely to Increase Minimum Pension for Pensioners. Read full news here

Law To Make Pension a Direct Deduction from State and LG Revenue Allocation and Ensure Retirees get at least 50% as Lumpsum is Underway. Read full news here

Telecom Union advises members on Step to Take to be paid their Pension and Other Entitlements. Read full news here

Coalition Calls for Commission for Ageing and Elderly Persons in Nigeria. Read full news here

Pension Fraud

Maina, former Chairman of Pension Reform Task Team, Accused of N2bn Pension Fraud, Seeks Bail on grounds of Read full news here

Maina’s Alleged Ill-health Stalls Trial. Read full news here

Court Refuses to Relocate Maina’s Son from Police Custody to Prison. Read full news here

Maina, Former Chairman of Pension Reform Task Team, Arrives In Court on Wheelchair. Read full news here

Ruling on Maina’s Bail Application and Update on Maina’s Trial. Read full news here

State Pension News

1,620 Lagos workers to retire first half 2020, This is what Lagos State Government is doing to Help them. Read full news here

Bauchi Governor Denies Paying N64b Salaries & Pension. Read full news here

Ondo State Government to Commit N5bn for Payment of Pension and Gratuity Arrears. Read full news here

Plateau State Government Owes Retirees N18 billion Gratuity – Assembly Member Raises Alarm and Reveals More Information. Read full news here

Rivers State Pensioners Storm Government Secretariat over Neglect and Non-Payment of Pension Arrears. Read full news here

Jigawa State Pays N629.4m to Retirees’ as their Terminal Benefits. Read full news here

Taraba Commences Payment of Gratuity to 1,288 Retirees. Read full news here

PTAD News

PTAD Commences the 8th Phase of Parastatals Pensioner Verification Exercise for Pensioners under the Defined Benefit Scheme. Read full news here

PTAD Provides Update on October Pension Payment for Polaris Bank Customers. Read full news here

PTAD Provides Update on October Monthly Pension Payment for NITEL/MTEL Pensioners. Read full news here

Pension is Your Right,
An Insurance for Old Age

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