Page 2 - வரையறுக்கப்பட்டுள்ளது நன்மை திட்டம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Bade Ademo writes that the increment will help cushion the impact of inflation on Lagos pensioners Public sector workers in the twilight of their career are often apprehensive of life after retirement. Having put in the good part of their active years into the service of their fatherland, the minimum honour that the system should afford them is a decent and regular pension after service. But alas this has often been a nightmare. The Olusegun Obasanjo administration attempted to tackle the menace and ameliorate the pain and tears of pensioners. He initiated Pension Reforms Act 2004 to address the shortcomings of the Defined Benefit Scheme Pension Scheme that was largely unfunded by public agencies, thereby throwing pensioners into a life of uncertainty.

Lagos stateNigeria generalAjibola ponnleEbute ipakodoBabajide sanwo oluOlusegun obasanjoPension commissionPension fund administratorNigeria union of pensionersBade ademoPension reforms actDefined benefit scheme pensionPension reform actDefined benefit schemeUniform contributory pension schemePension act