The Federal Government has released N14.92bn for the payment of accrued rights for retirees under the Contributory Pension Scheme.

The National Pension Commission disclosed this on Monday in a statement entitled, “FG releases N14.92bn for accrued rights for CPS retirees.”

“This amount will cover four months arrears,” it stated.

The statement said, “The accrued pension rights represent an employee’s benefits for the past years of service up to June 2004, when the Pension Reform Act that birthed the CPS, came into effect.

“The commission appreciates the effort of the Federal Government at ensuring that the accrued rights arrears are cleared, and thanks the affected retirees of the Treasury-Funded Agencies for their patience.”

Source: https://punchng.com/fg-releases-n14-9bn-for-retirees-accrued-rights/

may they receive there money in good health... they deserve more.

na wa everything in this country na billions billions yet we no day see or feel the corresponding effect.

Lol

Audio money as usual

Watch as the money is been looted

I Belle food as I read this news
















More of that

E be things

Same way we got alert of your palliative.
Bullshit.

I'll wait to see beneficiaries?!!

Ok

Billions everywhere. I hope the vulture BBQ griller has a cut in this money. He shouldn't be doing all these asslicking for just 30k.

.atleast mek the guy follow presido flex small na

PMB is a blessing to this country, good eyes just needed to see his good work.

#Buharist

A

Audio Release

Hope they receive it peacefully

Nonsense country

This is Nigeria. Don't get excited yet.

Something wey don suppose happen since

VERQUEST111:
Audio

u mean ursef?

Verdict: Anybody that brings any old man that ought to be retired for us to vote as president will run mad from Lagos to Chad.


Isèéè

Money wey them don share between them self since

It will be easing to blast govt for owing civil servants who labour most of their life to keep the government running but never owe themselves.

I won't because they are all thieves and part and parcel of the group who have brought Nigeria to its deplorable state.

Civil servants are as corrupt as politicians... The only difference is that they are not voted into office. They're the ones who facilitate the corruption being perpetrated by politicians... Especially those that work in Budget, Accounting and procurement. All thieves.

Start hanging them and see Nigeria change.

Until then, we will keep suffering and smiling

Don't be deceived by the above claims. Mrs Chinelo Amazu-Anohu left N7trn in the coffers of PENCOM as DG, she resisted every effort by PDP to use that money to run 2015 elections because it belongs to Pensioners and she doesn't want any delays in settling their pensions and gratuity.

In 2016 Fashola requested that the funds should be borrowed and used for infrastructure projects which she resisted. The president was informed and convinced that the money should be used. When Mrs Chinelo refused to oblige she was fired and replaced by one Hajia who opened the coffers of the pension fund.
Now the N7trn pension fund is exhausted with additional borrowing from China. Payments of pensions now comes in trickles and is done in batches based on revenue from taxes.
I am saying this because I have been pursuing pension for the past 4 years since Mrs Chinelo Anohu who is currently an Executive Director at African development bank was sacked by Buhari and engaged by Adeshina into AfDB

Many Nigerians will realise the enormity of the damage already done to the reforms by previous administration when it's time to get their pensions either for themselves or deceased relatives

https://www.witnessngr.com/dss-raids-pencom-office-arrest-recently-sacked-dg-chinelo-anohu-amazu-reasons-yet-unknown/

Great

NaijaOlosho:
Watch as the money is been looted

Olosho keep quite

Why is the comment section empty na . Useless haters of goodnews