Tag
RETIREES
Retirees in Anambra, Ebonyi, and Enugu States have lamented the delays in the payment of their pension even as they appealed to the Federal Government to remove the bureaucratic bottlenecks that cause the delays affecting retired civil servants across Nigeria.
The National Industrial Court (NIC) in Ibadan has ordered Prestrest Ltd to pay 35 of its retired staff N34 million as terminal benefits owed between 2003 and 2010.
The Lagos State Government has announced the disbursement of over N63 billion in pension benefits to 19,814 retirees over the past five years.
The Lagos State Government said it has disbursed a total of N4.48 billion to another set of 1,455 retirees on Thursday as accrued pensions for the month of March.
The governor of Lagos State, Babajide Sanwo-Olu, has announced the plan of his administration to disburse a swooping N3.1 billion to over 1,000 retirees in the state in the coming week.
In certain states of the federation, retirees are receiving remarkably low monthly pension payments, some as little as N450, N500, and N1,000, as highlighted by the Nigerian Union of Pensioners (NUP).
PenCom recovers outstanding pensions