Skip to main content

FG WORKING TO RELEASE FUND FOR NEXT BATCH OF RETIRES —PenCom

The Acting Director-General of National Pension Commission (PenCom), Mrs  Aisha Dahir-Umar,  on Wednesday said the Federal Government had begun modalities for pension payments to next batch of retirees.

Dahir-Umar told the Newsmen in Lagos that Federal Government and PenCom had been working on modalities to enable it to release substantial fund for the retirees.

She said retirees that perfected documentation and verification processes would be captured for the payments in the next batch.

She said the fund for the Accrued Rights was expected to cover retirees from October 2016 to August 2017.

Dahir-Umar recalled that that the Federal Government, through PenCom, released N54 billion in April to clear pension backlog arrears and was used for pension payments of last batch of retirees.

She said the last batch consisted of those that retired from January to September 2016 and all retirees in the category were paid.

The PenCom boss also commended President Muhammudu Buhari for giving prominence to retirees' well-being by settling accrued pension rights for that period.

"Despite conflicting demands for available cash, President Buhari had always expressed concern about the plight of workers and pensioners.

"It has brought relief to thousands of our elders who have served and deserve to be paid their entitlements promptly and fully," She said

She further stated that some pensioners in the last batch that did not received their pension must have been caused by errors in documentation and verification process.

"Such also may be caused by late documentation process.''

She explained that documentation began in June every year and that the commission had been placing notices in newspapers.

"Currently, the commission has almost finished for this year; we are at the Women Centre Abuja doing for agencies located within the Federal Capital Territory (FCT).

"Likewise we have verification centres across the country.''

She denied allegations that the commission and Pension Fund Administrators (PFAs) delayed payments and misappropriated fund of pensioners.

She said the commission and the PFAs were being watched by the Federal Government and guarded by core principles that could not be truncated.

She said the PFAs usually paid the pensioners that registered under them without delay, once the Federal Government released the fund through PenCom

Comments

Popular posts from this blog

10 ISSUES RAISED BY SEN. BUKOLA SARAKI DURING WORLD PRESS CONFERENCE

POLICE SUE FOR SUPPORT OF PARENTS IN FIGHTING AGAINST CRIME

The Cross River State Police Command has expressed concern over the high rate of proliferation of arms and light weapons among young youths, with a call on parents to be vigilant about the activities of their wards both within and outside their immediate environment. The state Commissioner for Police, Hafiz Inuwa, made this known while speaking at the State CID in Calabar the Cross River State Capital while parading 17 young men with different kinds of arms and ammunition arrested by the police for ranging offences. He Emphasised that security is a collective responsibility and parents have a greater responsibility to this effect. Other items recovered by police included, plasma televisions, gadgets, locally made pistols, army jungle caps among other items. Some of the crimes they were arrested for included, armed robbery at the University of Calabar Staff quarters and different locations in the state, attempted kidnapping, unlawful possession of firearms and cultism...

UNILORIN PRODUCES 89 FIRST CLASS GRADUATES

Prof. AbduGaniyu Ambali, the Vice-Chancellor, University of Ilorin, said on Friday that the institution had produced a total of 89 first class graduates for the 2016/2017 academic session.  The Vice-Chancellor made this disclosure in Ilorin on the occasion of a handover and valedictory press conference,  which signaled the commencement of the 33rd convocation ceremonies of the university. In his address entitled: “You are great”, the VC said that the university was thriving academically, going by the quality and quantity of research works embarked upon by lecturers. He gave a breakdown of the graduating students thus: 89 First Class Division, 1,932 Second Class Upper Division and 3,727 Second Class Lower Division. The VC also said that 1,309 of them graduated with Third Class Division, 117 with ordinary pass while there were two aegrotat graduating students. While handing over to Pro...