The executive secretary of Kaduna State Pension Bureau, Prof Salamatu Isah, has said the processes for the payment of retirement and death benefits of pensioners without bank details has commenced.
Isah said the beneficiaries would be identified by local government pension desk officers as well as their counterparts at various ministries, departments and agencies (MDAS).
She said 112 of the beneficiaries are in Batch 21 of state pensioners while 134 local government pensioners are under Batch 19 of the category, adding that verification payment will be done next week at various zonal headquarters.
The state government had earlier released N920 million for the payment of retirement and death benefits for both state and local government beneficiaries under the defined benefit of the old pension scheme on March 9.
In the payment schedule, state pensioners will get N400 million while local government beneficiaries will receive N520 million.
Last November, Governor Nasir El-Rufai had approved N900 million for the payment of accrued rights for retirees and families of deceased beneficiaries under the new Contributory Pension Scheme (CPS).
Prof Isah had said that the amount covered batch 54 for the state and local governments retirees and families of the deceased.
She said the payment of retirees under the Contributory Pension Scheme is being done by the Pension Funds Administrators (PFAs), adding that the government will only pay the past savings.
We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →
Join Our WhatsApp Channel