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FG implements pension increment for DBS retirees

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Published 7 June 2021
Federal pensioners under the Defined Benefits Scheme on Sunday confirmed the receipt of payments for 12 months following the consequential pension increment recently approved by the Federal Government.
On May 26, 2021, the Pension Transitional Arrangement Directorate announced that it had commenced the payment of the consequential adjustment to pensioners under the Defined Benefit Scheme.
In the preceding month, the President, Major General Muhammadu Buhari (retd.), had given approval for the implementation of the consequential adjustment to the pension benefits occasioned by the new minimum wage increase of April 2019.
The Executive Secretary, PTAD, Dr. Chioma Ejikeme, had promised that the upward adjustment of pensioners’ benefits would take effect from May 2021. ....

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Breaking News | New Minimum Pension: FEPPPAN Gears-Up To Engage Salaries, Wages Commission

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New Minimum Pension: FEPPPAN gears-up to engage Salaries, Wages Commission

New Minimum Pension: FEPPPAN gears-up to engage Salaries, Wages Commission
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Refrain From Minimum Pension Protest, FEPPPAN Directs Members

The Federal Parastatals and Private Sector Pensioners Association of Nigeria (FEPPPAN) has directed its members not to participate in any minimum pension protest.
The directive was contained in a statement issued on Thursday by its President-General, Temple Ubani.
Ubani reiterated its call for President Muhammadu Buhari, to speedily intervene and ensure that pensions adjustment for Pensioners is implemented without further delays to forestall imminent embarrassing actions by the senior citizens.
FEPPPAN said the National Administrative Council (NAC) had earlier engaged government on the matter and was given a satisfactory response that assured that “Federal Government was at the final stages of approving, issuance of circular and implementation of the negotiated adjustments for pensioners.” ....

Abuja Federal Capital Territory , Edo State , Temple Ubani , Muhammadu Buhari , Chioma Ejikeme , Sector Pensioners Association Of Nigeria , National Administrative Council , Federal Parastatals , Private Sector Pensioners Association , President Muhammadu Buhari , Minimum Wage , Federal Government , Executive Secretary , President Buhari , Senior Citizens , கூட்டாட்சியின் மூலதனம் பிரதேசம் , எடோ நிலை , துறை ஓய்வூதியம் பெறுவோர் சங்கம் ஆஃப் நைஜீரியா , ப்ரைவேட் துறை ஓய்வூதியம் பெறுவோர் சங்கம் , குறைந்தபட்சம் ஊதியம் , கூட்டாட்சியின் அரசு , நிர்வாகி செயலாளர் , ப்ரெஸிடெஂட் புஹாரி , மூத்தவர் குடிமக்கள் ,

Crisis hits pension unions as FEPPPAN tells members to shun Friday nationwide protest

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Crisis hits pension unions as FEPPPAN tells members to shun Friday nationwide protest
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By Johnbosco Agbakwuru
THERE appears to be sharp disagreement among pension unions as the leadership of the Federal Parastatals and Private Sector Pensioners Association of Nigeria, FEPPPAN, Thursday directed its members across the country not to participate in the planned protest on implementation of minimum pension.
The Nigerian Union of Pensioners, NUP, has planned to embark on nation-wide protest today (Friday) over the non implementation of national minimum pension.
But FEPPPAN in a statement signed by its President-General, Chief Temple Ubani, said its National Administrative Council, NAC, had earlier engaged the government on the matter and was given a satisfactory response. ....

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