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TUC employer states political workplace holders not received pension

Mr Quadri Olaleye, the President, Trade Union Congress(TUC), says political office holders, by virtue of their tenure of office, do not qualify and should not be paid pension. Olaleye at a media parley in Abuja stressed that due process should be followed in pension administration.“As elected officeholder, the highest you can stay in office is…

Security of pension fund, our top priority– Labour

Says it’s a matter of life, death Ayuba Wabba By Victor Young The issue of pension is very emotive and has remained a sensitive discourse over the years because every worker today is a potential pensioner tomorrow. In this chat, President of Nigeria Labour Congress, NLC, Ayuba Wabba, speaks to Pension and You on some…

New pension plan faces brick wall in 11 states

By Cynthia Alo …Labour, state executives resist implementation The Contributory Pension scheme, CPS, has run into brick wall in 11 states following resistance from labour unions and state executives to the implementation of the scheme in the states. The Head, States Operations Department, PenCom, Mr. Babatunde Phillips, disclosed at the 2019 Journalists’ workshop organised by…

The predicament of state pensioners

AS the Labour sector and the nation at large get set for the battle to implement the recently-approved National Minimum Wage, the complementary Labour compensation law – the Pension Act – needs to be placed on the centre stage of the total fiscal plan, especially at the state and local government levels. The Labour compensation…

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