NAMA Clears Pension Default with PenCom and NSIWC
The National Pension Commission (PenCom) and the National Salaries, Incomes and Wages Commission (NSIWC) have cleared the Nigerian Airspace Management Agency (NAMA) of default regarding retirees' pensions. A joint meeting held at NAMA's headquarters in Abuja involved NAMA's Managing Director, Engr. Farouk Umar, and representatives of the retirees.
They agreed to defer discussions on technical and legal interpretations concerning specific pension adjustments. The retirees have appealed to the federal government for intervention regarding unpaid pension increments, arguing that NAMA has failed to implement approved pension increases from 2007 to 2024, which includes a monthly adjustment of 32,000 naira.
The meeting aimed to establish compliance with the Pension Reform Act and ensure that NAMA adheres to civil service pension guidelines. Dr. Solomon Ohiomah, NAMA's General Manager, emphasized the importance of collaboration between management and retirees to resolve outstanding issues.
Plus234Feed summary based on reporting from Blueprint. Read the original report below.
Read full article
Continue on Blueprint
Enjoy this article?
Get the weekly Nigerian roundup — top stories, NPFL, naira. One email, Sunday morning.
Related Stories
NAMA Addresses Pension Delays for Retirees' Benefits
PenCom and ICPC Unite to Recover N3bn in Pension Funds
ICPC and PenCom Recover N3 Billion in Pension Deductions
Uncredited Pension Contributions Reach N99.28 Billion in Nigeria
Nigeria's Pension Assets Surge to N31.48 Trillion in Two Years
PenCom Reviews Pension Act for Current Industry Needs
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.
