Tag Archives: retirees

Seven years ago, Mr. Titus O. Akinbiyi retired as a Director after a meritorious career with the Lagos State Ministry of Education. The former school Principal and administrator now manages a band that keeps him engaged and pays his bills. He recently performed at the 60th birthday and retirement ceremony of Mrs. Ronke Otufodunrin, a Director in the Lagos State …

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The Lagos State Government on Thursday said it had paid over N50.7 billion to 13,928 retirees, from 2019 till date.

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The National Pension Commission on Monday directed Pension Fund Administrators to implement pension enhancement for retirees on Programmed Withdrawal under the Contributory Pension Scheme.

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The Lagos State Government said it paid N1.075 billion into the Retirement Savings Accounts of 301 retirees under the Contributory Pension Scheme in November this year. According to a statement from the Lagos State Pension Commission, the pensioners who are from the Lagos State public service include retirees of the local government and the state’s Universal Basic Education Board. The …

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The Director General, National Pension Commission (PenCom), Mrs. Chinelo Anohu-Amazu, has sought the appropriation of over N113 billion for the 2017 retirees of the Federal Government, against the initial N50.2 billion submitted in the 2017 Appropriation Bill, thereby resulting in a shortfall of almost N63 billion. The PenCom boss disclosed this in a memorandum submitted to the National Assembly Joint …

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