Aisha Dahir-Umar, acting director-general of the
National Pension Commission (PENCOM), says the federal government
is working to release funds to the next batch of
retirees.
Speaking with NAN on Wednesday, Dahir-Umar said the government
had begun modalities for pension payments to the retirees.
The acting director-general explained that those who had
perfected documentation and verification processes would be
captured for the payments in the next batch.
She recalled that the federal government had released N54
billion in April to clear pension backlog arrears and was used for
pension payments of the last batch of retirees.
“Despite conflicting demands for available cash, President
Buhari had always expressed concern about the plight of workers and
pensioners,” Dahir-Umar.
“It has brought relief to thousands of our elders who have
served and deserve to be paid their entitlements promptly and
fully.”
According to her, errors in documentation was responsible for
those who did not receive payment in the last batch.
“Currently, the commission has almost finished for this year; we
are at the Women Centre Abuja doing for agencies located within the
Federal Capital Territory (FCT),” the director-general said.
“Likewise we have verification centres across the country.’’
She refuted allegations that the commission and pension fund
administrators (PFAs) delayed payments and misappropriated monies
of pensioners.
Dahir-Umar said the commission and the PFAs were being monitored
by the government and guarded by core principles that could not be
truncated.
She added that the PFAs usually paid the pensioners that
registered under them without delay, once the federal government
released the fund through PenCom.
Aisha Dahir-Umar, acting director-general of the
National Pension Commission (PENCOM), says the federal government
is working to release funds to the next batch of retirees.
Speaking with NAN on Wednesday, Dahir-Umar said the government
had begun modalities for pension payments to the retirees.
The acting director-general explained that those who had
perfected documentation and verification processes would be
captured for the payments in the next batch.
She recalled that the federal government had released N54
billion in April to clear pension backlog arrears and was used for
pension payments of the last batch of retirees.
“Despite conflicting demands for available cash, President
Buhari had always expressed concern about the plight of workers and
pensioners,” Dahir-Umar.
“It has brought relief to thousands of our elders who have
served and deserve to be paid their entitlements promptly and
fully.”
According to her, errors in documentation was responsible for
those who did not receive payment in the last batch.
“Currently, the commission has almost finished for this year; we
are at the Women Centre Abuja doing for agencies located within the
Federal Capital Territory (FCT),” the director-general said.
“Likewise we have verification centres across the country.’’
She refuted allegations that the commission and pension fund
administrators (PFAs) delayed payments and misappropriated monies
of pensioners.
Dahir-Umar said the commission and the PFAs were being monitored
by the government and guarded by core principles that could not be
truncated.
She added that the PFAs usually paid the pensioners that
registered under them without delay, once the federal government
released the fund through PenCom.
Read more https://nairalaw.com/fg-to-release-funds-for-pension-payment-says-pencom/