Connect with us

NEWS

Jigawa pension board introduces new payment strategy

Published

on

The Jigawa State Authorities says it has launched one other manner of paying the retirees their advantages to ease their sufferings.

This was acknowledged by the brand new Government Secretary of the Jigawa State and Native Governments Contributory Pension Scheme, Alhaji Kamilu Aliyu, whereas addressing the beneficiaries on the cost of October retirees.

DAILY POST reported that Governor Muhammad Badaru Abubakar had sacked Hashim Ahmad Fagam for allegedly sponsoring protest over APC native Authorities Congress and changed him with Alhaji Kamilu Aliyu.

In keeping with the brand new pension board boss, the scheme will henceforth be paying retirees month-to-month in contrast to earlier preparations the place the scheme is paying the retirees quarterly.

“Each time the variety of those that retired reached 150 to 200 in a month, we’ll, subsequently, course of all their entitlements and pay them,” he mentioned.

He defined that the purpose was to scale back their sufferings and overcome crowd each time the scheme was making the funds.

Loading...

In keeping with him, 2 hundred (200) Civil servants retired from service for the month of October they usually have been paid N331,698,679.62 as their advantages.

“Forty-seven beneficiaries from the state service will probably be paid N99,709,300.88 as retirement profit; 52 from the native council will probably be paid N72,653,344.43; whereas 22 from LEAs will probably be paid N26,756,781.76.

“For loss of life profit, 15 retirees from the state will get N38,721,150.32; 14 from native councils will probably be paid N27,270,456, whereas 18 from LEAs will get N47,645,102.

“For loss of life pension stability, 9 beneficiaries from the State will probably be paid N9,184,100.32, six from native councils will probably be paid N1,613,361.61 whereas 5 from LEAs will probably be paid N6,895,301.26.

“Additionally, for a refund of eight per cent contribution, 12 beneficiaries from the State will probably be paid N1,249,781.04,” Aliyu mentioned.

He additionally assured that the scheme would proceed to make sure immediate cost of retirement advantages when due.

Advertisements
Loading...
Share this Story
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Advertisement

TRENDING