PenCom Recovers ₦36.6bn, Pays ₦8.7bn in Pension Arrears
By Oluwakemi Kindness The National Pension Commission (PenCom) says it has recovered ₦36.6bn from defaulting employers and paid ₦8.7bn in pension arrears to Nigeria Social Insurance Trust Fund (NSITF) pensioners as part of efforts to strengthen retirement security. The commission’s Director-General, Omolola Oloworaran, disclosed this on Tuesday at the commission’s 2026 media conference, themed “From […]
FG Clears ₦39.6bn Pension Arrears, Ends DBS Backlog
By Oluwakemi Kindness The Federal Government says it has cleared ₦39.6 billion in long-standing pension arrears under the Defined Benefit Scheme (DBS), bringing inherited pension liabilities to an end and providing relief to more than 24,000 retirees. According to a statement issued on Friday by the Federal Ministry of Finance and PTAD, the payments cover […]