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Governor Dauda Lawal of Zamfara State has authorized the release of funds for the payment of gratuities to retirees under Batch 3 for the 2024/2025 period. The state government has affirmed its dedication to the welfare of its retired civil servants.
The Ogun State Government has unveiled a substantial rise in pension benefits for retirees, implementing the Additional Pension Benefit (APB) initiative that guarantees between 116% and 280% of Total Annual Emoluments under the Contributory Pension Scheme.
The Ministry of Defence, through its Permanent Secretary Richard Pheelangwah, has called on the Military Pensions Board (MPB) to prioritize the timely disbursement of pensions to retired military personnel. The Ministry stressed the importance of these payments for the welfare of veterans.
Ogun State has taken significant steps to enhance the welfare of retirees by approving an Additional Pension Benefit (APB) as part of its Contributory Pension Scheme (CPS). This decision emerged from discussions involving the State Government, labor unions, and other stakeholders.
The National Pension Commission (PenCom) has authorised a substantial increase in pensions for 2,116 retirees previously under the Nigeria Social Insurance Trust Fund (NSITF). This review, the first in 21 years, saw monthly benefits rise significantly, with N8.7 billion disbursed in arrears to eligible pensioners.
