Retiree

Lagos Govt paid ₦817.73 million pension rights into 138 retirees’ accounts

The Lagos State Government at the 59th retirement benefit bond certificate presentation paid accrued pension rights of ₦817.73 million into the Retirement Savings Accounts of 138 retirees of the public service. In a statement, it said 95 per cent of the beneficiaries were from the State Universal Basic Education. The Commissioner for Establishments, Training and […]

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Retiree

Lagos govt. pays ₦720.4 million to retirees

The Lagos State Government paid ₦720.445 million into the Retirement Savings Accounts of 190 Contributory Pension Scheme retirees from the state’s public service last month. According to a statement from Lagos State Pension Commission, while addressing the retirees at the 54th retirement benefit bond certificate presentation, the Commissioner, Ministry of Establishment, Training and Pensions, Dr […]

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Stanbic IBTC Pension pay over ₦279bn to retirees

Stanbic IBTC Pension Managers Limited said it had paid over ₦279bn to retirees since its inception in 2006. According to a statement obtained on Sunday, between January and June this year, over 5,000 new retirees also received their benefits from the PFA, increasing the number of individual retirement savings accounts holders nationwide with the firm […]

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Lagos disburses ₦684m for payment of 218 retirees

The Lagos State Government has released ₦684m for the payment of accrued pension rights to 218 retirees from the mainstream civil service, local governments, the State Universal Basic Education Board, Teachers Establishments and Pensions Office and other parastatals of government under the Contributory Pension Scheme for the month of June. According to a statement on […]

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Lagos pays ₦28 billion to retirees in 22 months

The Commissioner for Establishments, Training and Pensions, Lagos State, Dr.Akintola Oke, has said that the state government has paid ₦28 billion to retirees in 22 months. He said this during the 12th retirement benefits documentation seminar organised by the Lagos State Pension Commission for employees who are due to retire from the state public service […]

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Lagos state pays ₦1 billion to retirees

The Lagos State Government has released ₦1.05bn for the payment of accrued pension rights of retirees under the Contributory Pension Scheme in the state’s public service and local governments. According to a statement obtained on Sunday, the Lagos State Governor, Mr. Akinwunmi Ambode, said employees who had served the state and now retired deserved to […]

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NAICOM, PenCom to implements life annuity for retirees

The National Insurance Commission and the National Pension Commission are set to release the new modalities that will regulate the provision of life annuity for retirees under the Contributory Pension Scheme. The Commissioner for Insurance, Alhaji Mohammed Kari, who disclosed this in an interview, said that the two regulators had a four day retreat, which […]

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Lagos pays N1bn to 257 retirees

The Lagos State Government has issued retirement benefit bond certificates to the tune of N1.002bn to a set of 275 retirees from the Mainstream, Local Government, Lagos State Universal Basic Education Board, Teachers Establishment and Pension Office and parastatals of government, under the Contributory Pension Scheme for the month of May. A statement from the […]

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