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Pension

Fayemi Assures On Promises To Pay Gratuity

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As part of steps taken by the Ekiti State government to gradually defray the backlog of gratuity owed the retirees, no fewer than 52 pensioners were given cheques worth several millions of naira as gratuities on Thursday.

The State Governor, Dr Kayode Fayemi who handed out the cheques in Ado- Ekiti, restated the commitment of his administration to bringing succour to the State workforce and pensioners by prioritizing their welfare in spite of the dwindling resources accrued to the State.
The Governor who was represented by his Chief of Staff, Hon. Biodun Omoleye said the commitment of his administration to the welfare of pensioners is evident in the increase in the fund earmarked monthly for the defraying gratuity from #10 million to #100 million in order to accommodate more beneficiaries.
The 52 beneficiaries of the cheques were retirees from local government and primary schools.
Governor Fayemi explained that the exercise would have come earlier if not for the advent of the global Covid-19 pandemic that affected the socio-economic activities.
While reiterating that his administration would not renege on the promises made to Ekiti people, Fayemi assured the pensioners that the exercise would be a continuous process, as the government is concerned about the general well being of its citizens.
The Governor said: “It is common knowledge that we inherited backlog arrears of unpaid entitlements from the past administration. However, we are conscious of the fact that government is a continuum. Therefore, we are facing the challenge of offsetting the arrears headlong against all odds.
” The present administration is not oblivious of the hardship, pains, and challenges being faced by our senior citizens, as a result of the backlog of unpaid benefits in the past. We have therefore resolved to face the challenge and make our people happier. By the grace of God, despite the little resources available to the State, our administration will continue to bring relief to the entire workforce and the retirees”, he said.
While allaying the fears of those who are yet to get their entitlements, the Governor assured that the monthly payment of gratuities would be based on “first to retire, first to be paid” as the government would not give room for favoritism in order to preserve the sanctity and sanity of the exercise.
Dr Fayemi who expressed the possibility of increasing the monthly funds for the payment of gratuities when the financial capacity of the State increases, urged those who have not got their gratuities to keep faith with his administration.
He urged the beneficiaries of the distributed cheques to make judicious use of the money.
“For the umpteenth time, I want to allay the fear of those pensioners that are yet to collect their own gratuities not to be disturbed. By God’s grace, you will use your hands to collect yours very soon. I promised that our payment on first to retire, first to be paid would be maintained. This method would be sustained for the sanctity and sanity of the exercise devoid of favoritism. I urge the beneficiaries of this exercise to plan with the money and prudently utilize it for a blissful retirement”, Fayemi said.

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Pension

Lagos Pays N1.49bn To 366 Retirees

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By Sola Alabadan

The Director-General (DG), Lagos State Pension Commission (LASPEC), Babalola Obilana presented bond certificates to the tune of N1. 49 billion to 366 pensioners in Lagos recently.

Obilana reassured that the government is  committed to the speedy resolution of all pension issues in the State and pledged to ensure the prompt payment of pensioners’ entitlements.

LASPEC’s Public Affairs Officer, Mrs. Mariam Adetokunbo Eko, quoted Obilana as saying that LASPEC is fully committed to ensuring that retirees receive their terminal benefits as at when due.

He said that LASPEC was established to take care of the needs of retirees, a role the Commission has been performing diligently and will continue to devote itself to. He went on to say that “we are dedicated to the retirees’ welfare because we know that they have worked so hard for the progress of the State. Now is the time for them to reap the benefit.”

While expressing gratitude to the retirees for always cooperating with the Agency and adhering to laid down rules, the DG explained that this has resulted in a greater percentage reduction in delay of the payment of their entitlements.

“We could have sent these Bond Certificates to everyone at home, but we deemed it proper for everyone to be here so that we can reiterate that LASPEC is open to all for questions. It gives us great joy that there has been a big reduction in reports of retirees being swindled of their entitlements”, he noted.

“This is because the retirees are now better enlightened as a result of our constant advocacy as well as open door policy at LASPEC”, he added.

Obilana urged the retirees to be wary of swindlers and crooks who are out to con them of their hard earned money, saying “LASPEC will not call or send you messages to charge you to get your entitlements. It is not in our mandate to do that.”

Speaking further, the LASPEC boss expressed gratitude to the Lagos State Governor, Babajide Sanwo-Olu, for his swift response to pension matters, just as he emphasised the Governor’s unalloyed commitment to retirees’ welfare.

Obilana said that the government is presently working on a template that will ensure that retirees don’t have to wait longer to get their entitlements.

He disclosed that in order to improve on the current system, the Governor is currently working on a model that will ensure that retirees get their entitlements as soon as they disengage from service.

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Pension

Enugu Assembly Drops Ex-govs, Deputies’ Life Pensions

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Enugu State House of Assembly has dropped the proposed New Pension Bill for former governors and their deputies.
The bill, which scaled first reading during last week Thursday’s plenary soon generated condemnation from the general public.
If the bill is passed by the lawmakers, the state would be spending over N1.1bn annually on ex-governors and their deputies’ pensions while over N1.25bn would be used to purchase vehicles for the five former governors and their deputies.
However, the house during its Tuesday plenary stepped down the bill following a motion by the Leader of the House, Ikechukwu Ezugwu, who is the sponsor of the bill.
In his motion to step down the bill, Ezugwu said the bill though not out of place, needed to be stepped down following the outcry of the masses which they must listen to as their representatives in the House.
He said expressed the need to consult widely before the bill could be reintroduced if need be.
The motion was seconded by Onyinye Ugwu, the Deputy Leader of the House.
In his speech, the Speaker, Edward Ubosi, said there were a lot of provisions in the bill that were not constitutional which he pointed out to include the payment of salaries to spouses of former governors and their deputies.
This was subsequently stepped down for wider consultations.

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PTAD Postpones Resumption Of Pensioners’ Verification  

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The Pension Transitional Arrangement Directorate (PTAD) has postponed the resumption of the walk-in verification exercise for pensioners under the defined benefit scheme (DBS), PTAD spokesperson, Olugbenga Ajayi, said.

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