Business
Pensioners Task FG On N51bn Accrued Right For PENCOM

The Nigeria Union of Pen
sioners (NUP), has urged the Federal Government to release N51 billion accrued right necessary for National Pension Commission (PENCOM) to live up to its mandate to pay retirees.
President of the union, Mr Abel Afolayan, made the call during the National Executive Council meeting in Abuja, recently.
Afolayan said that the problem of pensioners late payment was due to government inability to release the accrued rights of more than N51 billion to PENCOM to help them address the issues of pensioners arrears across the country.
“It has become an attitude among many government agencies and employers’ defaulting the remittance of contribution of workers to the PFA’s and this is affecting the progress of the scheme.
“I want to assure that we shall not rest on our oars until the government pays us all our entitlement to the last kobo.”
According to him, the NEC meeting this year is a mixture of sober reflection and great celebrations, saying many pensioners had died.
“As senior citizens we pray that recession will not turn to depression and that Nigeria will quickly come out of it and become even much stronger.”
He commended the past Director-General of Pension Transitional Arrangement Directorate (PTAD), Mr Murtala Oluwatoyin, for the payment of 24 months arrears of 33 per cent and the 42 months to CIPO pensioners.
He noted that the new executive secretary of PTAD, Mrs Sharon Ikeazor, had assured to pay the balance of 18 months of 33 per cent arrears in no distant time.
According to him, NUP and PTAD would enter into a new negotiation with government on the new pension review which had been due for another increment since July 2015.
He also commended state governors who had paid pensioners their allowance, listing the states as Jigawa, Anambra, Enugu,Yobe and Lagos.
He called on defaulting governors to live up to their responsibility, adding that pensioners are dying daily because of lack of money.
The executive secretary of PTAD said they were tackling and resolving pensioners’ complaints by improving the complaint management system for effective tracking and resolution of complaints.
According to her, PTAD intends to make payment of all entitlement and benefits before continuation of the civil service verification in other zones.
She said that PTAD had established state offices to ensure that pensioners do not travel far to lay complaints.
Ikeazor noted that pension administration was in need of change and that the change would begin with PTAD, she therefore urged pensioners to be aware of pension fraudsters.
The National President of Nigeria Civil Service Union (NCSU), Mr Kiri Mohammed, commended NUP and promised to collaborate with the union to ensure its growth and stability.