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Contributory Pension Scheme
The National Pension Commission (PenCom) has recovered pension contributions and interest totalling N1.34billion from defaulting employers during the third quarter of 2017.
Lagos State Government has released N838 million to pay accrued pension rights of 141 retirees under the Contributory Pension Scheme for the month of February, 2018.
A total of 42,851 relatives of deceased workers under the Contributory Pension Scheme have been paid pension and insurance benefits from the commencement of the CPS till September 2017.
Retirees under the Contributory Pension Scheme who could not be entitled to monthly pensions have withdrawn their money from their respective Retirement Savings Accounts.
Osun State Government, on Thursday, disclosed that a sum of N1 billion had been released to 142 beneficiaries of Contributory Pension Scheme (CPS) and N200 million to settle part of the outstanding gratuities of the 2011/2012 retirees.
The Osun Government is to spend N22.2 billion for the running of the office of Gov. Rauf Aregbesola in the 2018 fiscal year, Sen. Mudashiru Husain, the Commissioner for Cabinet Matters, has said.
More than 25,000 pensioners are still excluded from the Federal Government’s payroll of retirees, according to the Nigerian Union of Pensioners (NUP).
Governor Akinwunmi Ambode has again, delighted Pensioners in Lagos State Public Service, inclusive of Local Government and SUBEB by releasing the sum of N1,075 billion into the Retirement Savings Account (RSA) of 301 Contributory Pension Scheme (CPS) retirees in the month of November.
The Lagos State Government said it paid N1.075bn into the Retirement Savings Accounts of 301 retirees under the Contributory Pension Scheme in November this year.
Osun State Government has presented retirement bond certificates worth N1.682bn to pensioners, who retired from local government councils and primary schools in the state.
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