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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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