Pension overpayment articles
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Transfer of pension money out of Nigeria escalates
Apparently driven by instability in Nigeria’s foreign exchange market, pension managers affiliated to foreign partners are now intensifying transfer of accumulated pension assets to their home countries. Financial Vanguard findings reveal that about N416.4 billion was moved out of Nigeria to overseas financial investments in January 2024 alone, far more than N251.1 billion in the fourth quarter of 2023, Q4’23.
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Delaware lawmakers to fix costly mistake to pension plan
(The Center Square) — Retired Delaware lawmakers will be getting a boost in their pension payments because the state failed to make changes to a retirement law more than two decades ago. In March, Delaware Pension Administrator Joanna Adams informed retired lawmakers that the change is needed because Delaware’s legal code was "never updated" after the passage of a 1997 law that changed how legislative pensions were calculated. She said the agency will "retroactively" update the...
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State pension increase: How much you'll get from April 2024
Some retirees will receive more than £11,000 from this month