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Niger Gov Approves N3bn For Retirement Benefits

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Niger State governor, Alhaji Abubakar Sani Bello, has ordered for the immediate release of N3 billion to pay backlog of benefits to different categories of retirees and gratuities to the families of deceased retirees in the state.

The governor who received the organised labour in the state led by the chairman of Nigeria Labour Congress (NLC) Comrade Idris Ndako  said that it would be the first time since 2004 that death benefits were paid to families of the deceased pensioners in lump sum.

According to the governor, N560 million will be paid as death gratuity to deceased state civil service  retirees and N480 million for deceased retirees of the local government civil service, totalling N1, 040 billion.

The governor also disclosed that N780 million would be paid as retirement benefit to retired state and local government civil servants with those who retired from the state civil service gulping N420 million and those from local government, N360 million.

He also stated that the sum of N390 million would be paid as expected retirement benefit minus lump sums collected by retirees reverted to old pension scheme from Contributory Pension Scheme (CPS).

He said that of the argumentation to retirees, the sum of N210 million would be paid to the state retirees while the sum of N180 million will be paid to their local government counterparts, adding that accrued rights amounting to N390 million would also be paid to the retirees.

The governor recalled that in 2016, he approved the payment of over N2 billion and another N1 billion respectively for the payment of different categories of retirement benefit to pensioners because of his resolve not to toy with their welfare.

He, however, observed that because of the backlog of unpaid retirement benefits he inherited and the continuous nature of pension administration,  it becomes expedient for his government to release another N3 billion to offset the backlogs, saying that the payment will begin within two weeks.



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