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    Home»News»Pencom pushes for increments for Nigerian public service pensioners
    News

    Pencom pushes for increments for Nigerian public service pensioners

    straightnewsng.comBy straightnewsng.comOctober 8, 2024 --- 5:23 pmUpdated:October 30, 2024 --- 7:23 amNo Comments3 Mins Read
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    PenCom to push for pension increments - Straightnews
    PenCom to push for pension increments
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    By Straightnews

    The National Pension Commission, PenCom, says it is pushing for increments to benefit the Nigerian public service retirees as provided for in the country’s Constitution.

    Acting Director-General of PenCom, Ms Omolola Oloworararan, who stated this in Lagos, said  “We are working to ensure that pensioners under the CPS and other pension arrangements benefit from pension increments provided for in the Constitution of the Federal Republic of Nigeria, 1999 (as amended).”

    The 1999 Constitution of the Federal Republic of Nigeria (as amended) guarantees pensioners’ rights to periodic reviews of their pensions.

    Unfortunately, the Federal Government and the Minister of the Federal Capital Territory, Abuja, have not fulfilled their duties to review pensions every five years as required by the Constitution.

    The Pension Reform Act (PRA) 2014 objects, functions, and powers include regulating, supervising, and ensuring the effective administration of pension matters and retirement benefits in Nigeria.

    PenCom is yet to issue specific regulations, directives, or rules respecting the review of pensions for federal government employees or the FCTA.

    The Nigerian Union of Pensioners, NUP, has been clamouring for the Constitutional provisions to be implemented.

    There are pressures for non-state actors, especially civil society organisations, CSOs, to institute public interest claims before the National Industrial Court of Nigeria to ensure that the Federal Government and the Minister of the FCTA perform, through PenCom and the Pension Transitional Administration Department, PTAD, respect the Constitutional Provisions.

    Recently, NUP Secretary in Kaduna State, Alhassan Musa, described the condition of the retirees as “pathetic.”

    Musa, who is also the NUP secretary in charge of the 19 Northern states and the North-West, however, said only retirees in Kaduna State were earning N30,000 minimum pension monthly.

    The secretary recalled that the Kaduna state government in 2020 implemented N30,000 minimum pension during the administration of Governor Nasir el-Rufa’i.

    According to him, “The union proposed a 50 per cent increment even under the defunct N30,000 National minimum wage.

    “We are anticipating that the 50 per cent increment would be approved in line with the new N70,000 national minimum wage. Even under the Federal Government, some pensioners are receiving N10,000 minimum pension.

    “We are hoping that the Federal Government will balance it up so that no pensioner will receive less than N70,000 as his/her monthly pension. Let pensioners also enjoy the same benefits the workers are enjoying. If a worker is receiving N70,000 minimum salary, so, let the pensioner enjoy the same.’’

    Musa said workers who retired under the contributory pension scheme, CPS, were facing formidable challenges, noting “Honestly, these people are facing a lot of challenges because some of them retired in the last 10 years, and yet to draw their benefits.

    “It is really pathetic, this is happening in Kaduna and other states.

    “Even under the federal government, those who retired under the contributory pension scheme are suffering as their accruals are yet to be remitted into their accounts.’’

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