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Paramilitary Exemption Bill Of National Assembly: At Whose Interest?

BY NKECHI NAECHE—-The introduction of the Contributory Pension Scheme (CPS), in Nigeria by the Pension Reform Act 2004 was as a result of crisis and fraud that characterized the Defined Benefit scheme. With the enactment of the PRA 2004, and its implementation thereafter, pension administration, management and regulation has been ...

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N6.5trillion Pension fund faces major threat

BY NKECHI NAECHE—The National Pension Commission (PenCom) and the umbrella body of pension operators, Pension Fund Operators Association of Nigeria (PenOp) has raised alarm that the N6.5 trillion  pension fund under the contributory pension scheme is being threaten following the multiple Bills sponsored by some persons and bodies at the National Assembly ...

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Lagos extol retired Ogunnaike

The Lagos State Government has celebrated the retirement of its Permanent Secretary, Ministry of Establishments, Training and Pensions Mrs. Folasade Oluwatosin Ogunnaike from the Lagos State Civil Service. Extolling her virtues at the event, the Commissioner of the Ministry, Dr. Akintola, Benson said Mrs Ogunnaike who is retiring at the ...

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CrusaderSterling Pensions assures retirees of better returns on investment * As investment appreciates by 253.56%

Conrad Ifode, Executive Director Operations         BY NKECHI NAECHE—-CrusaderSterling Pensions Limited fund has said that it recorded a cumulative return of 253.56 percent in its investment. According to the company this placed CrusaderSterling Pensions Limited an industry leader in terms of returns on investment. Executive Director Operations, ...

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Lump Sum payment is determined by template issued by PenCom- Says PenOp

Executive Secretary Pension Fund Operators Association of Nigeria, Ms Susan Oranye (5th left); Chief Marketing Officer, Premium Pension Limited Kabir Tijjiani; President, National Association of Insurance and Pension Correspondents, Mrs Omobola Tolu-Kusimo and members of NAIPCO at the event.   BY NKECHI NAECHE —-The Computation of the lump sum payment ...

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Lagos integrates succession planning

Dr. Akintola Benson             The Lagos State Government is creating succession planning into its public service to meet the high standards of governance that the citizens now expect from the government, Governor, Akinwunmi Ambode has said. He made this known at a training session for ...

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Pension Fund Operator Slams 75% Lump Sum Proposal

  The managing director, IEI-Anchor Pension Funds Administration (PFA), Mr. Glory O. Etaduovie, said the 75 per cent lump sum proposal destroys the very essence of pension – a steady income at retirement He added that the proposal looks exciting on hearing same but not futuristic. Etaduovie, while speaking at ...

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9,030 Kwara Pensioners’ Wait Endlessly For Unpaid Pension Arrears

  By Our Reporter—- Kwara state government has expressed concern over the plight of 9,030 pensioners especially those of the local government whose gratuities and arrears are yet to be paid. The government under the leadership of Bukola Saraki who is now the Senate President agreed to pay the outstanding ...

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IEI Anchor Pension Repositions For Massive Growth * Record N62billion Growth In Assets Under Management

L-R: Customer Relationship Manager, IEI Anchor Pensions, Mr. Kelly Etaifo; Head, Business Development & Strategy, Jolaade Oduntan and Manager For Lagos, Amina James Louis at 2016 NAIPCO meeting held yesterday in Lagos.       BY NKECHI NAECHE—-The management of IEI Anchor Pensions Limited yesterday said it has repositioned its ...

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