Friday, January 17, 2025

Jigawa pays N9.5 billion to 13,327 retirees

The executive secretary of the board, Kamilu Aliyu-Musa, confirmed the development in Dutse on Wednesday.

• March 1, 2023
Muhammad Badaru
Muhammad Badaru

The Jigawa State and Local Government Contributory Pension Scheme Board has disbursed N9.547 billion to 13,237 retirees in 2022.

The executive secretary of the board, Kamilu Aliyu-Musa, confirmed the development in Dutse on Wednesday.

He said the amount represents a comprehensive payment of entitlements such as retirement and death benefits, pension, refund of eight per cent contribution and monthly pension.

According to Mr Aliyu-Musa, the payment covered retirees of state, local governments and Local Education Authorities (LEAs).

He said that 571 pensioners from the state government received retirement benefits amounting to N1.4 billion, 371 others from local governments received N444 million, and 441 retirees from LEAs received N1.04 billion.

The secretary said that under death benefit, 107 beneficiaries from the state received N312.38 million, 98 deceased from the local government received N194,641 million and 81 others from LEAs received N244,411 million.

Mr Aliyu-Musa said, “Under death pension balance, 43 beneficiaries from the state received N48,131,401.61; while 41 from local government received N29,885,879.60 and 37 others from LEAs received N29,049,075.85.

“Under refund of eight per cent contribution, three beneficiaries from the state received N841,710.58; one from local government received N149,578.75 and two others from LEAs received N132,541.91.

“Within the period under review, 724 beneficiaries from the state received N4,791,273,954.39, including their monthly pensions, while 457 beneficiaries from local government received N1,495,094,504.34 and 561 beneficiaries from LEAs received N3,260,879,135.75.”

He reiterated the state government’s commitment to improving the welfare of workers and retirees to enhance effective service delivery.

The secretary said the board had begun paying N1.7 billion terminal benefits to 707 retirees for 2023, adding that amount would cover workers who recently retired from service at the state, local government and LEAs.

He said the payment would cover payment of retirement benefits, death benefits, death pension balance and a refund of eight per cent contribution.

The executive secretary said 302 beneficiaries are from state service, 117 from local governments and 288 from LEAs.

He said that N816 million would be disbursed to 303 beneficiaries from the state service while N200 million to 288 from local government service, and 707 beneficiaries of the LEAs to receive N748 million.

“The board is up-to-date in the payment of entitlements to retirees, including those who died in active service,” he said. 

(NAN)

We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

Abubakar Kyari

Agriculture

FG tasks ECOWAS on leveraging financing strategies for agroecology

The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices

Katsina State

Politics

Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

Download Guide for the Latest Version of 1win Ap

Uncategorized

Download Guide for the Latest Version of 1win App in Ethiopia

Learn where and how to download the latest version of the 1win App for Android and iOS in Ethiopia. Check minimum requirements for the 1win app: RAM, OS version, and free space.

Kano State Public Complaints and Anti-Corruption Commission

States

Kano govt officials, lawyers conniving with land grabbers: Anti-graft Agency

Mr Rimin-Gado said the commission apprehended several suspects, including lawyers and public officials, during the investigation.

Lloyd Ekweremmadu

Sport

Sports commissioner urges boxing association board to be proactive

The commissioner described the board as purpose-driven and urged them to be proactive in bringing back the glory days of boxing in Enugu State.

Detty December party

Diaspora

NiDCOM rejects socialite Olumofin’s $500 Detty December levy on diasporan Nigerians, foreigners

During the last yuletide, many Nigerians based abroad flew back home as usual to visit their folks and have a good time.

Lagos assembly plenary

Lagos

Obasa absent as Lagos assembly names new principal officers

According to Ms Meranda, the announcement of new officers resulted from the change of the House’s leadership.

UBEC website screenshot

NationWide

Teachers’ Recruitment: UBEC warns applicants against  visiting illegal sites

The Universal Basic Education Commission has warned Nigerians against fake sites for the recruitment of teachers in the country.