Lump sum pension withdrawals hit N1.01trn
Lump sum withdrawals under the Contributory Pension Scheme (CPS) has hit N1.01 trillion as of the end of second quarter 2022, underscoring success of the scheme in terms of social impact,…
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Contributory Pension Scheme
Contributory Pension Scheme: Is National Assembly trying to destroy a house it built?
A new move by the National Assembly to exempt its staff from the country’s Contributory Pension Scheme (CPS) and manage its personnel’s pension scheme through a board has shocked many…
Contributory Pension Scheme: Edo sensitises first batch of beneficiaries
The Edo State government, on Tuesday, kicked off a three-day workshop to sensitise the first batch of intending retirees to benefit from the Contributory Pension Scheme introduced by the…
Contributory Pension Scheme: Retirees now access monthly pay with ease
Retirees under the Contributory Pension Scheme (CPS) have confirmed receiving their monthly pensions regularly and promptly, outliving the biggest challenge that confronted the old pension…
Contributory Pension Scheme: Commendable progress but more needs to be done
In June 2021, President Muhammadu Buhari ordered the payment of all outstanding pension liabilities under the Contributory Pension Scheme (CPS). The announcement specifically stated that the…