The Lagos State Government has paid N740 million accrued pension rights to another set of 348 retirees. Mr Babalola Obilana, Director General, Lagos State Pension Commission(LASPEC), confirmed this at the 107th batch retirement bond…
Lagos State Head of Service (HOS), Mr. Olabode Agoro, earlier today, Tuesday 8th October, 2024, attended the Sensitisation Programme on Contributory Pension Scheme (CPS) for Public Servants, held at the Adeyemi Bero Auditorium, the…
Lagos State Pension Commission (LASPEC) 27th Pre Retirement Documentation Seminar For employees who are due to RETIRE from LAGOS STATE PUBLIC SERVICE from January to July 2025.
Lagos State Governor, Babajide Sanwo-Olu, announced on Thursday that his administration has paid a total sum of N59,701,420,500.22 to 17,039 retirees over the past five years, marking a new era in pension administration for the state with…
Lagos State Pension Commission (LASPEC) holds its 26th Retirement Benefit Documentation Seminar for Employees who are due to retire from Lagos State Public Service between July —December 2024.
The Lagos state government on Thursday, March 28, disbursed a total of N4.48 billion in pensions to 1,455 retirees for March. The payment was made during the 104th retirement bonds certificate presentation by the Lagos State Pension…
LASPEC received the Lagos State House Committee members on Establishments, Training, Pensions and Public Service on a familiarization visit to the commission.
Lagos State Government through the Lagos State Pension Commission (LASPEC), presented 1.258billion Naira in accrued rights to 605 retirees in the 102nd batch bonds presentation ceremony
The 25th Pre-Retirement Documentation Seminar by LASPEC unfolded as a life-changing experience! Each conversation was a crucial step toward a happy retirement
This is to inform all Civil Service Pensioners in the main-stream of Lagos State Civil Service under the Defined Benefit Scheme(Pay-As-You-Go) that the Lagos State Pension Commission is embarking on the Bi-annual (“I AM ALIVE”) On-Line…
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The Lagos State Pensions Commission (LASPEC) held its 24th Pre-Retirement Seminar, on June 13th, 2023. It was a grand celebration, a day of jubilation, learning and hope for a better future for our celebrants. - View Picture Gallery
LASPEC marks the 100th Retirement Bond Presentation Ceremony in Lagos State since the inception of the Contributory Pension Scheme (CPS). It is truly a remarkable celebration, The administration of Governor Babajide Sanwo-Olu presented…
Under the supervision, of Mr. Governor, Babajide Olusola Sanwo-Olu the Lagos State Pension Commission (LASPEC) paid not less than 1 Billion Naira monthly to the RSAs of pensioners
The Lagos State Government has once again restated its commitment to the speedy resolution of all pension issues in the State and pledged to ensure the prompt payment of pensioners’ entitlements. The Director-General (DG), Lagos State…
NIGERIA in 2004 carried out a comprehensive reform of her pension schemes with the passage of the Pension Reform Act (PRA) 2004, which became effective on 25th June 2014. The Act established a Contributory Pension Scheme (CPS) for…
The Lagos State Government has paid N1.51 billion to 292 pensioners even as it restated its commitments to the welfare of pensioners, pledging to pay all pension entitlements as at when due. A statement by the Public Affairs Officer, Lagos…
Lump-sum payments give you more control over your money, allowing you the flexibility of spending it or investing it when and how you see fit. It is not uncommon for people who take a lump sum to outlive the payment, while pension payments…
Here are five things you can do to build a new plan of action if you’re faced with a sudden retirement. Put Together a Retirement Income Plan. Re-Evaluate Needs Versus Wants. Try Alternate Jobs Such as a Handyman or Business Consultant.…
A pension plan is a retirement plan that requires an employer to make contributions to a pool of funds set aside for a worker’s future benefit. The pool of funds is invested on the employee’s behalf, and the earnings on the investments…
In most industries, employee pensions went out with the stand-alone fax machine and three-button suit, but in government, pension plans are still common. Government retirement systems provide a healthy complement to Social Security and…
The Personal Income Tax (PIT) Act, provides the conditions for deeming income taxable in Nigeria. It provides, among others, that the gain or profit from an employment shall be deemed to be derived from Nigeria if the duties of the…
8 ways to stay healthy when you retire Exercise Eat Well Play Games Socialize Take a Class Limit Alcohol Intake Retirement is one of those experiences that we talk about, yet it always seems just out of reach. We plan, prepare, and line up…