Tag: RETIREES

Nigeria’s Pension Scheme is a ‘modern slavery’ trap leading to poverty”- Retirees lament

Aminu Imam
Retirees lament

…Urge FG’s ‘immediate intervention” Retired Federal Directors, under the Contributory Pension Scheme (CPS) have criticised the scheme, describing it as a “modern slavery tool” that traps retirees in poverty. In an issued statement yesterday, signed by Lawrence Ojabo, the association’s media and advocacy representative, the retirees urged the Federal Government to abolish the CPS. They argued that the scheme, which forces retirees into annuity plans or programmed withdrawals managed by Pension Fund Administrators (PFAs) under PENCOM’s supervision, fails to provide adequate financial support. They cited cases where retirees received only…

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Military Pension Board: New board promise timely payment

Abdul-Azeez Ahmed Kadir
AVM Paul Irumheson takes over from Rear Adm. Sabiru Lawal, as Chairman, Military Pensions Board (MPB) in Abuja on Monday

The new Chairman, Military Pensions Board (MPB), AVM Paul Irumheson, on Monday took over command of the board with a promise to improve on the recent progress made by his predecessor. Irumheson took over from Rear Admiral Sabiru Lawal, whose tenure came to an end recently. He also promised to operate an opened-door policy, urging retirees and prisoners to always feel free to come forward with whatever concerns they might have. He pledged to consolidate on the successes made by the board and sustain timely payment of pension and gratuity…

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FG raises health workers’ hazard allowance, increases retirement age

Aminu Imam

The Federal Government has offered to increase the hazard allowance of N5, 000 by 350 percent and 600 percent increments for junior and senior health workers in its health establishments in the country. The government also accepted to increase the retirement age of Doctors and other health workers from 60 to 65 years and 70 years for consultants. In a statement issued yesterday by the Deputy Director (Press and Public Relations) in the Ministry of Labour and Employment, Charles Akpan, he confirmed that the meeting was held at the Banquet…

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Kano: Ganduje extends teachers, lecturers retirement age to 65

Aminu Imam

Kano State governor, Abdullahi Umar Ganduje, has extended the retirement age for teachers and lecturers working with the state-owned institutions of learning to 65 years. Ganduje announced this at the award night marking the 2021 May Day celebration, organised by the Kano State Chapter of the Nigerian Labour Congress, (NLC), in Kano. According to the governor, “The Federal Government has since approved this for teachers and lecturers working in its institutions, hence, teachers in Kano State are also not left behind. Therefore, our teachers and lecturers from now on will…

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State House management honours retirees as Permanent Secretary tasks staff on team work

Abdul-Azeez Ahmed Kadir

The management of the State House, Abuja, has honoured some retired members of staff in recognition of their exceptional contributions to the country during their active years in the civil service.Attah Esa, Deputy Director (Information), State House, confirmed this in a statement issued in Abuja on Sunday.Esa said that the retirees, 19 in all, including four in the directorate cadre, were honoured with gifts presented to them by the Permanent Secretary, Tijjani Umar, at a dinner in Abuja on Saturday.Presenting the gifts to the retirees, Umar said that they were…

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