retirement benefits News

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• Projected 2027 Social Security COLA Increase Threatened by Surging Energy Costs and Medicare Premium Hikes

  Published: Apr 16, 2026

  Section: Banking & Finance

  Early forecasts for the 2027 Social Security Cost-of-Living Adjustment suggest a raise between 2.8% and 3.2%, driven by a significant spike in oil prices. However, experts warn tha...

• Federal Executive Council Reintroduces Mandatory Gratuity Payments for Nigerian Civil Servants After Two-Decade Absence

  Published: Mar 10, 2026

  Section: Africa

  The Federal Executive Council has approved a new exit benefit scheme that grants retiring civil servants a gratuity equal to 100 percent of their annual salary. This policy shift a...