Over 1,000 Jigawa Pensioners get N3.4b

Over 1,000 Jigawa Pensioners get N3.4b

Jigawa State and Native Authorities Contributory Pension Scheme Board, says it has commenced fee of over N3.4 billion to 1,331 retirees who exited lively service upon attainment of 35 years in service between January to July this 12 months and those that died whereas in lively service.

This was contained in a press release signed by the Director Administration and Finance of the Scheme, Nasiru Haruna who’s equally appearing because the Government Secretary of the Scheme.

The assertion disclosed that, the fee was categorised into 4 batches. It defined that the primary batch of 1,001 retired employees consists of those that retired both by reaching the obligatory retirement age of 35 years in service or sixty years by delivery. These on this group had been paid N2,579,605,965.12 billion.

The second class of 241 employees are those that died whereas in lively service. Their subsequent of kins can be paid the sum of N730,367,087.60 million. The third batch consists of 84 retirees who retired from service and began receiving month-to-month pension however died earlier than reaching their minimal interval of 5 years after retirement. These folks can be paid N109, 561, 313. 67 million.

The final batch is made up of beneficiaries who didn’t contribute as much as a interval of 5 years, and the regulation states that for any employees to qualify to be paid from the scheme, he would to contribute for a minimal interval of 5 years.

He mentioned: “Beneath this class, we now have paid one particular person, the sum of N2,705,459.02 million together with 15% curiosity.

“As we speak we’re going to pay the sum of N3,422,239,826.32 to 1,331 staff that retired/died from varied State MDAs, LGCs and LGEAs”.

“The fee included retirement profit, dying profit, dying pension steadiness and refund of eight per cent contribution”.

The appearing Government Secretary warned the retirees to desist from involving a 3rd occasion in processing their retirement advantages.

He cautioned: “The Pension Board didn’t, in no matter manner, ask a 3rd occasion to facilitate and or obtain any quantity from retiree earlier than their funds are performed; our providers are free; by no means bribe any of our employees on your terminal advantages, as we labored below tips establishing our Board in step with Pension laws.

“If any particular person asks for cash inside and outdoors the pension home to course of your fee, it’s a fraud and ought to be reported to the Board for a mandatory penalty,” Mr Haruna advised the retirees.

“The pension Board course of fee of retirees instantly after the Directorate of Wage and Pension Administration forwards the particulars of the retiring staff to the pension Board” he added.

Mr Haruna recommended Governor Namadi for releasing the sum of N3.422billion to Jigawa State and Native Governments Contributory Pension Scheme Board to settle excellent gratuities and dying advantages to 1,331 retirees within the State.

He mentioned with the current approval, the state authorities has now launched over N5.4 billion to the Jigawa State and Native Governments Contributory Pension Scheme Board as bailout whereas the Scheme has cleared all of the excellent fee of gratuities.

Mr Haruna known as on residents of the state to proceed to help the current administration with prayers with the intention to obtain a greater Jigawa the place everybody will likely be comfy within the shared prosperity agenda of Governor Namadi.

A number of the beneficiaries, thanked the Governor for prioritizing points regarding pensioners’ welfare.

One of many retirees from Ministry of Increased Schooling, Science and Know-how, Ado Garba mentioned he retired in January 2024 as a messenger.

“Now that I’ve acquired my gratuity and pension arrears from February, I’ll make investments extra in farming to make life higher for myself and my household” Mr Garba mentioned.

One other retiree, Uwani Bako mentioned she has acquired her gratuity and pension arrears, including that she would spend money on Agriculture.

She recommended the governor for the well timed fee of their gratuity.