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The government has announced it will not compensate up to 3.8 million women affected by changes to the state pension age.. Work and pensions secretary Liz Kendall rejected calls for the ...
The prime minister is facing MPs on the Liaison Committee following over the government’s decision to not pay compensation to 3.8 million Waspi women
Waspi campaigners say they will keep fighting on pensions after the government rejects compensation.
In 2015, WASPI was formed by five women to argue for the government to provide transitional payments to women born in the 1950s receiving their pension after the age of 60. [5] They also call for compensation to women who now receive a state pension but had to wait longer. [1] [2]
The Ministry is responsible for several parastatals (government-owned agencies): Michael Imoudu National Institute For Labour Studies (MINILS), Nigerian Social Insurance Trust Fund (NSITF), National Directorate of Employment (NDE), National Productivity Center (NPC), National Industrial Court and Industrial Arbitration Panel (IAP).
Old-age dependency ratio (2017) [1]. The pensions crisis or pensions timebomb is the predicted difficulty in paying for corporate or government employment retirement pensions in various countries, due to a difference between pension obligations and the resources set aside to fund them.
Leaders of the Women Against State Pension Inequality (Waspi) group say the fight will continue for the 3.6 million women born in the 1950s who they say were not properly informed of the rise in ...
In May 2018, 2019 the National Pension Commission announced that its subscribers had risen from 7.5 million on March 31, 2017, to 7.9 million and the net asset of the fund also increased from N7.52 trillion to N7.79 trillion as of February 28, 2018. [2]