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South-West pensioners ask govs to implement consequential adjustment

South-West pensioners ask govs to implement consequential adjustment
South-West pensioners ask govs to implement consequential adjustment
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Pensioners under the aegis of Nigeria Union of Pensioners, South-West zone have called on the governors from the region to consider the implementation of the recently approved consequential adjustment and increase in pension to reflect the new National Minimum Wage by the Federal Government.
The pensioners who stated this during the meeting of the union in Akure, the Ondo State capital, on Friday, disclosed that the Federal Government had approved an adjustment in pensions of retirees under the Defined Benefit Pension Scheme arising from the implementation of the New National Minimum Wage Act 2019. ....

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Pensioners commend FG on consequential adjustment of minimum wage

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Pensioners commend FG on consequential adjustment of minimum wage
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The Nigeria Union of Pensioners (NUP) has lauded the Federal Government on the approval of implementation of the consequential adjustment of the new National Minimum Wage for pensioners in the country.
The NUP President, Mr Godwin Abumisi, gave the commendation in an interview with the News Agency of Nigeria (NAN) at the 2021 Workers’ Day celebration on Saturday in Abuja.
The theme for the celebration is “COVID-19 Pandemic, Social and Economic Crises: Challenges for Decent Jobs and Peoples’ Welfare”.
NAN reports that on April 22, the Executive Secretary of Pension Transitional Arrangement Directorate, Dr Chioma Ejikeme, announced that President Muhammadu Buhari had approved the implementation of the consequential adjustment for pensioners. ....

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Breaking News | Pensioners Commends FG On Consequential Adjustment Of Minimum Wage

[FILES] Pensioners
The Nigeria Union of Pensioners (NUP) has lauded the Federal Government on the approval of implementation of the consequential adjustment of the new National Minimum Wage for pensioners in the country. The NUP President, Mr Godwin Abumisi, gave the commendation in an interview with the News Agency of Nigeria (NAN) at the 2021 Workers’ Day celebration on Saturday in Abuja.
The theme for the celebration is “COVID-19 Pandemic, Social and Economic Crises: Challenges for Decent Jobs and Peoples’ Welfare”.
NAN reports that on April 22, the Executive Secretary of Pension Transitional Arrangement Directorate, Dr Chioma Ejikeme, announced that President Muhammadu Buhari had approved the implementation of the consequential adjustment for pensioners. ....

Abuja Federal Capital Territory , Muhammadu Buhari , Chioma Ejikeme , David Ohuo , Godwin Abumisi , News Agency Of Nigeria , Nigeria Union Of Pensioners , National Minimum Wage , Nigeria Union , Federal Government , News Agency , Economic Crises , Decent Jobs , Executive Secretary , Pension Transitional Arrangement Directorate , President Muhammadu Buhari , New National Minimum Wage Act , கூட்டாட்சியின் மூலதனம் பிரதேசம் , நைஜீரியா தொழிற்சங்கம் ஆஃப் ஓய்வூதியம் பெறுவோர் , தேசிய குறைந்தபட்சம் ஊதியம் , நைஜீரியா தொழிற்சங்கம் , கூட்டாட்சியின் அரசு , பொருளாதார நெருக்கடிகள் , ஒழுக்கமான வேலைகள் , நிர்வாகி செயலாளர் , ஓய்வூதியம் இடைநிலை ஏற்பாடு இயக்குநரகம் ,

Pensioners commends FG on consequential adjustment of minimum wage

By Chiazam George, Ugochukwu Olive
Abuja, May1, 2021 The Nigeria Union of Pensioners (NUP) has lauded the Federal Government on the approval of implementation of the consequential adjustment of the new National Minimum Wage for pensioners in the country.
The NUP President, Mr Godwin Abumisi, gave the commendation in an interview with the News Agency of Nigeria (NAN) at the 2021 Workers’ Day celebration on Saturday in Abuja.
The theme for the celebration is “COVID-19 Pandemic, Social and Economic Crises: Challenges for Decent Jobs and Peoples’ Welfare”.
NAN reports that on April 22, the Executive Secretary of Pension Transitional Arrangement Directorate, Dr Chioma Ejikeme, announced that President Muhammadu Buhari had approved the implementation of the consequential adjustment for pensioners. ....

Abuja Federal Capital Territory , Chiazam George , Muhammadu Buhari , Chioma Ejikeme , David Ohuo , Godwin Abumisi , News Agency Of Nigeria , Nigeria Union Of Pensioners , National Minimum Wage , Nigeria Union , Federal Government , News Agency , Economic Crises , Decent Jobs , Executive Secretary , Pension Transitional Arrangement Directorate , President Muhammadu Buhari , New National Minimum Wage Act , கூட்டாட்சியின் மூலதனம் பிரதேசம் , நைஜீரியா தொழிற்சங்கம் ஆஃப் ஓய்வூதியம் பெறுவோர் , தேசிய குறைந்தபட்சம் ஊதியம் , நைஜீரியா தொழிற்சங்கம் , கூட்டாட்சியின் அரசு , பொருளாதார நெருக்கடிகள் , ஒழுக்கமான வேலைகள் , நிர்வாகி செயலாளர் ,

Minimum Wage: How increment will be implemented in pension scheme

2 min read
The Federal Government has approved the adjustment in pensions of retirees under the defined benefit pension scheme arising from the implementation of the New National Minimum Wage Act 2019.
In an interview with the News Agency of Nigeria (NAN) on Friday, Ekpo Nta, Acting Chairman, National Salaries, Incomes and Wages Commission (NSIWC) said the approval would take effect from April 18, 2019.
The circular from the NSIWC on Thursday noted that pensioners who retired on Grade Level 17 on CONPSS would receive a new monthly pension of N188,688.49, representing a nine per cent increase.
Grade level 16 retirees would receive N154,576.39, while those on level 15 would get N123,964.72, both also representing a nine per cent increase. ....

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