Pensioners ask Tinubu to pay retirees’ outstanding entitlements

The national chairman of the Nigeria Union of Pensioners Contributory Pension Scheme Sector, Sylva Nwaiwu, has urged the federal government to clear all retirees’ outstanding entitlements.
Mr Nwaiwu made the call in a statement on Wednesday. He said the leadership of NUPCPS had directed a national data capturing/verification exercise of its members across the country from January 20.
“This is in preparation for a national protest if the government fails to honour the January 15 deadline given to it by the union.
“The notice was given through the Office of the Accountant General of the Federation, which was to clear all outstanding entitlements owed to retirees under the Contributory Pension Scheme,” he said.
Mr Nwaiwu stated that the CPS policy made it mandatory for all workers to contribute a percentage of their salaries as savings towards retirement.
“It provides long-term savings in the country’s economy with over N21 trillion investable assets, which the government is also leveraging on for infrastructures.
“Meanwhile, the supposed endpoint contributors to the CPS are left to die in poverty and penury,’’ he said.
He said that a committee had been set up by the federal government to decide the outstanding government liabilities in the CPS sector.
According to him, the committee, which had the Minister of Finance and Coordinating Minister of the Economy, Wale Edun as a member, suggested ways to raise funds to clear all the outstanding liabilities.
He appealed to President Bola Tinubu and Mr Edun to take urgent executive action on the recommendations of six committees.
“This is the only solution to bringing succour to retirees under the CPS,’’ 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

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

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.”

NationWide
Man arraigned for allegedly sending ex-lover’s sex video to husband
Mr Opaleye said Oluwatomisin conducted himself in a manner likely to cause a breach of peace.

World
Australian police return stolen coin to Poland
Australian parties were unaware at the time it had been stolen.

Anti-Corruption
Alleged N201 Million Fraud: Absence of EFCC witnesses stalls trial of company CEOs
Justice Kezziah Ogbonnaya adjourned the matter until March 17 for hearing.

Hot news Home top
Appeal Court affirms Olaoye as Soun of Ogbomoso, rivals head for Supreme Court
Mr Ogunjumi said that he was ready to file notice and grounds of the appeal to attack the judgment of the Court of Appeal at the Supreme Court.
![Map of the United States, [CREDIT: Geology.com]](https://gazettengr.com/wp-content/uploads/Map-of-the-United-States.jpg)
World
Flood death toll in U.S. south rises to 14
The death toll in the state rose from eight, including a seven-year-old child, on Sunday.

Lagos
Lagos LCDA chairman distributes 350 free UTME forms to indigent applicants
Mr Olatunde said the initiative was aimed at ensuring that financial constraints did not hinder deserving students from accessing higher education.