FG FLOUTS ITS OWN PENSION LAWS, REMIT LOWER AMOUNTS FOR ITS WORKERS

Stakeholders have asked the Federal Government to pay the three per cent pension shortfall which it has not remitted into workers’ Retirement Savings Accounts in the past five years in flagrant disregard of its own pension law, NIKE POPOOLA reported Five years after the Pension Reform Act stipulated that the pension contributions of workers should be increased from 15 per cent to 18 per cent, many private firms have complied with the new Act, while the Federal Government has yet to do so. Persistent complaints of low monthly stipends by workers, who…

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OYO PENSIONERS CRY OUT OVER 60 MONTHS OUTSTANDING PENSION

Kemi Olaitan in Ibadan Pensioners in Oyo State have lamented unpaid arrears of gratuities and pensions by the outgoing government in the state totalling N62.5 billion. The Secretary, Nigerian Union of Pensioners (NUP), Oyo State chapter, Segun Abatan and Secretary, retired Primary School Teachers, Comrade Tunji Ogunwale, who spoke with journalists in Ibadan Sunday, said unpaid pensions and gratuities to retired primary school teachers and civil servants have made it difficult for retirees in the state to rest after labour. Abatan, who berated political office holders who award themselves life…

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