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News

FG Pays 81 Months Pension Arrears

Damilola A.
By Damilola A.
Published: November 4, 2016
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NIGERIAN PENSIONERS

The Federal Government has paid 81 months pension arrears which were incurred from 33 per cent pension increment, but left 87 months outstanding.

pensioners

The money was paid to Police, Customs, Immigration, Prisons and civil service pensioners.

A detailed breakdown of paid pension arrears and outstanding months were made available to journalists in Abuja, when the Senate Committee on Establishment and Public Service, chaired by Senator Emmanuel Paulker, visited the Pension Transitional Arrangement Directorate for its oversight functions.

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According to the documents, three months of 33 per cent increment were paid to Police Pension Department, leaving outstanding of 39 months to Customs, Immigration and Prisons Pension Department which had all its 42 months arrears paid off.

The Parastatals Pension Department had its 12 months arrears paid leaving 30 months outstanding.

The Civil Service Pension Department was paid 24 months leaving 18 months outstanding.
Similarly, the 33 percent pension payment came as a fall out of the upward review of the minimum wage to N18,000 in 2010.

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ByDamilola A.
Entertainment News Reporter
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Damilola is a dedicated entertainment writer for Okay Nigeria (Okay.ng). He joined the platform with the aim of using his experience in the Entertainment industry to share wonderful articles in this field. Dammy is a die-hard fan of Wizkid.
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