Cc
Lalasticlala
Seun

Pls help move this thread to front page. Thanks

I wish this thread wil resurface once more, my dad retired as an ACI in February 2020. 12months later he was payed 8.2 mil while my Uncle who retired as a Warrant officer in the army last year recieved 27mil plus his basic salary as pension. So far my pops has abt 7 mil wit pencom and recieves just 66k as pension. He hates obasanjo.

Shascky33:

I wish this thread wil resurface once more, my dad retired as an ACI in February 2020. 12months later he was payed 8.2 mil while my Uncle who retired as a Warrant officer in the army last year recieved 27mil plus his basic salary as pension. So far my pops has abt 7 mil wit pencom and recieves just 66k as pension. He hates obasanjo.

It's a pity the mod has refused to push this topic to front page. It's well

pretydiva:

It's a pity the mod has refused to push this topic to front page. It's well

I wish seunmsg or mynd44 will do the needful. Anyway, we dey on God sha.

Sorry about everything. Hope it gets resolved. Do attach some pictures to the post.

Also, Nlfpmod, please, attend to this.

FG CLEARS 1,330 NIS RETIREES 17-YEAR SEVERANCE ALLOWANCE
The Federal Government has cleared the 17-year outstanding severance allowances of 1,330 officers of the Nigerian Immigration Service who retired between 2006 and 2007.
At a press briefing in Abuja on Friday, the Director-General, Bureau of Public Service Reforms, Mr. Dasuki Arabi announced that 885 officers had been verified and paid their outstanding benefits after a verification exercise was conducted across the six geopolitical zones across the country.
The DG noted that the exercise, which began on November 27, 2023, and ended on January 20, 2024, was a culmination of efforts by the BPSR, Office of the Accountant-General of the Federation, Federal Civil Service Commission, and Office of the Auditor-General of the Federation. “We have finally resolved the outstanding severance benefits of 1,330 disengaged officers from the 2006/2007 reform programme. This achievement serves as a beacon of hope for other parastatals and MDAs facing similar challenges,” Arabi added.
Arabi equally thanked the FG for its “unwavering commitment to addressing this long-standing issue, in line with the Renewed Hope Agenda.” He noted that 17 verified officers could not be paid due to some inconsistencies in their account details, but are being addressed by the stakeholders’ committee.
Ten months after their recruitment, NIS officers were yet to receive their salary arrears despite being captured on the Integrated Payroll and Personnel Information System.
The personnel, whose appointment letters date back to August 15, 2023, claimed they had not been paid between September 2023 and February 2024.
The National Chairman and Coordinator, National Association of Retired Immigration Officers, Mr. Ola Gbadamosi acknowledged the payment to the association’s members but noted that some beneficiaries could not be traced due to mix-ups in the biodata of the next of kin for the late officers. “I want to thank the DG, BPSR and the office of the Accountant-General and Auditor-General of the Federation for their intervention in making the payment a success. It has been 17 years of struggle but it’s a reality today. “Although we have not been able to fully verify some of our members, about 400 of them. We are working to ensure that everyone is fully captured,” Gbadamosi said. He also appealed to the government to settle the disparities in the 17-year salary arrears owed to the retirees.

https://punchng.com/fg-clears-1330-nis-retirees-17-year-severance-allowance/

FG BEGINS COMPUTATION TO FAST-TRACK RETIREES’ PENSION PAYMENT
The Federal Government has ordered the computation of accrued pension of serving federal civil servants.
A memo by the Office of the Head of Civil Service of the Federation, which was obtained by our correspondent on Tuesday in Abuja, said the move was in collaboration with the Ministry of Finance and will focus on employees who were employed on or before June 30, 2024.
The memo said the move would enable the government to plan ahead of time towards the early release of the entitlement of the workers.
The memo read: “It has been observed that one of the reasons for the delay in the payment of pension of retired officers is the late release of their accrued rights under the old Defined Benefit Scheme. “To enable the government plan towards early release of the accrued rights, there is a need to harvest the data of the officers who are entitled to the rights. “Consequently, the Office of the Head of the Civil Service of the Federation, in collaboration with the Federal Ministry of Finance and other stakeholders, is compiling data of the affected officers who were employed on or before 30th June 2004. “All concerned officers are to note that filling the form is mandatory to enable the payment of their accrued pension rights under the old Defined Benefit Pension Scheme, when they retire.
The Federal Government has failed to release funds for payment of accrued pension rights in the first half of 2024.
The FG had reneged for the full year 2023, as no funds were released despite budgetary provisions.
The release made in the first quarter of 2023 was for outstanding payments in 2022.
This comes against the backdrop of FG’s failure to implement its policy on the upward review of pension amounts under the Contributory Pension Scheme for 15 years, against policy prescriptions of upward review every five years as stipulated by law.
While the law stipulates that pension shall be reviewed every five years or together with any federal civil service salary reviews, whichever is earlier, the FG has failed to implement pension adjustments under the Contributory Pension Scheme, CPS, since the scheme’s inception in 2004.
The FG’s indebtedness to retirees on accrued pension rights in the last 16 months is estimated at N230bn.
Some pensioner groups have called for a boycott of investing pension assets in FG securities since the government borrowing comes mainly from pension assets.
At the same time, the FG had always been found wanting in complying with the extant pension scheme.
According to a report by the National Pension Commission, in 2021, the FG released a total of N100.2bn for payment of accrued rights which brought the total amount released by the FG from inception to N980.18bnn.
In March 2022, the FG released N14.92bn for payment of accrued rights.
However, according to the Pension Fund Operators Association of Nigeria, the FG has released funds up till February 2023, with no payment made after then.

https://punchng.com/fg-begins-computation-to-fast-track-retirees-pension-payment/