Pensioners under the umbrella of the Nigerian Union of Pensioners (NUP) have commended President Bola Tinubu for reappointing Dr. Chioma Ejikeme as Executive Secretary for the Pension Transitional Arrangement Directorate (PTAD). The Union's position was disclosed in a statement signed by its National President, Comrade Godwin Abumisi on Wednesday. TheFact Daily...
The Pension Transitional Arrangement Directorate (PTAD) has finally launched the much talked about “I Am Alive” Confirmation (IAAC) Solution for pensioners under the Defined Benefits Scheme (DBS), eight months after the pilot phase. Executive Secretary, PTAD, Dr. Chioma Ejikeme announced the full roll-out of the “I Am Alive” Confirmation Solution...
The National Pension Commission (PenCom), said, it is collaborating with the Pension Operators in the country to introduce adequate incentives that would attract the over 48 million workers in the informal sector to be captured into the Micro Pension Plan (MPP) of the Federal Government. PenCom's Director General, Mrs. Aisha...
Pensioners under the auspices of the National Union of Pensioners Contributory Pension Scheme (NUPCPS) have applauded the Scheme for eliminating fraud and ensuring certainty of payments. The Union gave the commendation when they paid a courtesy visit to the CEO of the Pension Fund Operators Association of Nigeria (PenOp), Mr....
The Pension Transitional Arrangement Directorate (PTAD) has completed the payment of arrears arising as a result of the consequential adjustment to pensions to three out of the four operational departments in the Directorate. It would be recalled that following the Presidential approval for a consequential adjustment to pension of the...
The National Pension Commission (PenCom) is resolute in its commitment to extend pension coverage to about 75million workers in the informal sector under the Micro Pension Plan (MPP). PenCom Director General, Mrs Aisha Dahir-Umar, restated the commitment at the Micro Pension Open Day Event held on Friday in Lagos. Organised by the...
The Pension Transitional Arrangement Directorate (PTAD) has disclosed that the federal government still owe over N90 billion pension liabilities. This, it said was accumulation of pension liabilities of 265 parastatals under the Defined Benefit Scheme. Director, Parastatals Pension Department, PTAD, Alhaji Yusuf Umar, disclosed this in Abuja at a workshop organised...
The National Pension Commission (PenCom) has approved 25 percent for Retirement Savings Account (RSA) holders who are in active employment to pay for equity contribution for Residential Mortgage. This was contained in a statement issued by the Head, Corporate Communications Department, PenCom, Abdulqadir Dahiru at the weekend. PenCom's move was in...
Pensioners across the country under the Defined Benefits Scheme (DBS), today breathed a sigh of relief as the Pension Transitional Arrangement Directorate (PTAD) launched "I Am Alive" online project to mitigate their burdens. The Executive Secretary of PTAD, Dr. Chioma Ejikeme announced the Launch of the Pilot Phase of the...
The Management of the National Pension Commission (PenCom) has warned Nigerians to beware of the Illicit activities of the Association of Pension Desk Practitioners of Nigeria (ASSOPEP). PenCom in a statement noted that the claims by ASSOPEP of resolving pension issues and assisting retirees in securing their retirement benefits were...