Would you like to receive notifications on latest updates of the following headlines?

Some Retirees Receive N500 Monthly Pension – NUP

POSTED ON August 18, 2024 •   Breaking News      BY Abiodun Saheed Omodara •   VIEWS 163
Nigeria Union of Pensioners logo

The Nigeria Union of Pensioners, on Sunday, said some retirees are still receiving N500 as monthly pensions in the country.

The Secretary of the union in Kaduna State, Alhassan Musa, in an interview with the News Agency of Nigeria, described the condition of the returnees as “pathetic”.

He said that most of the affected retirees were in precarious conditions, adding that, “they sacrificed their lives and services for the nation.

“The worst affected are pensioners in most of the Southern and oil producing states in spite of getting fat allocations from the federation account.

“The condition of pensioners in some Northern states and the FCT are far better up, as some of them received between N3,500 and N18,000 monthly pension.”

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

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

He, therefore, advocated for a 50 per cent upward review of the minimum pension, to improve the social and economic wellbeing of the retirees.

This, he said, is necessary considering the socioeconomic realities in the country.

“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, let the pensioner enjoy the same,” adding that the monthly minimum pension should be at par with the new national minimum wage.

Musa also urged the governor, Kaduna state, Uba Sani to emulate El-Rufa’i by being the first governor to implement the N70,000 minimum pension.

He further said workers who retired under the contributory pension system were facing formidable challenges.

“Honestly, these people are facing a lot of challenges because some of them have 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.”

According to Musa, once a worker retires, he is supposed to be placed on pension within three months, and receives his lump sum.

While exonerating Pension Fund Administrators (PFAs) and Pension Commission (PENCOM) of faults in pension management, Musa attributed the situation to the inability of Ministries, Departments and Agencies (MDAs), to remit monthly contributions to individual worker accounts.

“This is because they are not remitting the money as at when due as being expected of them,” he bemoaned.

NAN

RECOMMENDED FOR YOU
Indianapolis Woman Dies in I-65 Accident Near Columbus After Return from Kentucky Event
BY ROCKETPARROT.com staff November 3, 2024 0

COLUMBUS, Ind. — A tragic accident claimed the life of Indianapolis resident Omotope G. Oyedir...

RECOMMENDED FOR YOU
Senate confirms seven ministerial nominees
BY Benedicta Bassey October 31, 2024 0

The Senate has screened and confirmed seven ministerial nominees appointed by President Bola Ahmed T...

RECOMMENDED FOR YOU
US poll: Court orders Elon Musk to defend $1m election giveaway
BY Benedicta Bassey October 31, 2024 0

Elon Musk has been ordered to appear in court on Thursday following a lawsuit concerning $1 million...

RECOMMENDED FOR YOU
Britain confirms first case of Mpox- Report
BY Benedicta Bassey October 31, 2024 0

The United Kingdom has confirmed its first case of the new mpox variant, known as clade Ib, the coun...

RECOMMENDED FOR YOU
Reps summons Environment Ministry, others over flood readiness
BY Benedicta Bassey October 31, 2024 0

The House of Representatives on Thursday summoned the Federal Ministry of Environment, the National...

RECOMMENDED FOR YOU
Court jails UNIPORT final-year student over internet fraud
BY Benedicta Bassey October 31, 2024 0

University of Port Harcourt(UNIPORT) final-year student, Henry Nathaniel Ekanem has been jailed over...

RECOMMENDED FOR YOU
National security: Reps urge FG to withdraw airstrip licences from Canaanland, others
BY Benedicta Bassey October 31, 2024 0

The House of Representatives on Thursday has urged the Federal Government to withdraw airstrip licen...

RECOMMENDED FOR YOU
Nigeria pledges to tackle oil spills, gas flaring in Niger Delta
BY Abiodun Saheed Omodara October 31, 2024 0

The Federal Government, in collaboration with the Bayelsa State Government, has reaffirmed commitmen...

OUR CHANNELS:

OTHER ARTICLES ::

6th November, 2024
Economic Showdown: Atiku's Critique vs. Tinubu's Policies A Leadership Divide
BY ROCKETPARROT.com staff November 5, 2024 0

In a recent exchange highlighting the growing tensions in Nigeria's political landscape, former Vice...


Indianapolis Woman Dies in I-65 Accident Near Columbus After Return from Kentucky Event
BY ROCKETPARROT.com staff November 5, 2024 0

COLUMBUS, Ind. — A tragic accident claimed the life of Indianapolis resident Omotope G. Oyedir...


Adriano's Decline: From Football Glory to Favela Streets
BY ROCKETPARROT.com staff November 5, 2024 0

Health concerns arise as a recent video surfaces showing Adriano, the former Inter Milan and Brazil...


Proposed tax reform bills not against North, says Presidency
BY Abiodun Saheed Omodara November 5, 2024 0

The Presidency has said contrary to job loss fears and perceived marginalisation of the North, the t...


Kaduna approves N72,000 minimum wage
BY Abiodun Saheed Omodara November 5, 2024 0

The Kaduna State Governor, Uba Sani, has approved a new minimum wage of N72,000 for civil servants i...


Man Utd seal deal with Amorim as new manager — Report
BY Abiodun Saheed Omodara November 5, 2024 0

Manchester United has finalised an agreement with Sporting Lisbon to appoint 39-year-old Ruben Amori...


Nile Group collaborates with Ooni of Ife to manage his theaters
BY Ebiakuboere England November 5, 2024 0

His Imperial Majesty, the Ooni of Ife, and Nile Cinemas have inked a historic management contract fo...


Bruno Mars tops Spotify monthly listeners record
BY Ebiakuboere England November 5, 2024 0

Grammy-winning singer Bruno Mars has broken the previous record with 120,862,858 monthly Spotify lis...


South Africa to strip Chidimma Adetshina of ID documents
BY Ebiakuboere England November 5, 2024 0

Nigerian-South African Model Chidimma Adetshina faces the possibility of losing her national documen...


Senate confirms seven ministerial nominees
BY Benedicta Bassey November 5, 2024 0

The Senate has screened and confirmed seven ministerial nominees appointed by President Bola Ahmed T...


Menu