PTAD delists pensioners who fail to confirm aliveness from payroll
The Pension Transitional Arrangement Directorate (PTAD) has delisted pensioners who failed to confirm their aliveness from
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The Pension Transitional Arrangement Directorate (PTAD) has delisted pensioners who failed to confirm their aliveness from
The United Bank for Africa Plc Pensioners’ Welfare Association (UBA Pensioners) has lamented economic hardship and old age illnesses resulting from the inability of its members to afford healthcare services, as a result of the refusal of the bank management to review their pensions upward despite countless engagements. This was according to a statement authored by the leadership of the affected pensioners’ association which is the banks’ Defined Benefit Scheme (DBS) pensioners.
Defined benefit (DB) pension schemes will need to ensure they remain agile heading into 2024, according to Lane Clark & Peacock (LCP).
States’ total outstanding liabilities are budgeted to fall to 27.6 per cent of GDP for 2023-24 from the peak of 31 per cent in 2020-21. However, outstanding liabilities may remain higher than 30 per cent of gross state domestic product (GSDP) for many states.
Despite it being another year of significant volatility in the investment markets, 2023 is set to be a record year for bulk annuities. This is a huge testament to...