Pension News

Edo State spends one-third of Personnel Cost on Pensioners

Edo State Government has revealed that it is up-to-date with the payment of pension to retired workers and is currently expending one-third of its personnel cost on pension payments.

Commissioner for Communication and Orientation, Chris Osa Nehikhare, who conveyed the State Government’s position on Friday, said: “As a government, we have solved the issue of gratuity for those younger employees by moving them to the Contributory Pension Scheme.”

Nehikhare added: “We are current on pension payment and we are one of the few states in Nigeria that have prioritized regular pension payment. We harmonized the pension and increased pension due, and as a government we are not owing gratuity. However, we inherited unpaid gratuities which the previous government failed to pay. By the way we also make available N100million monthly to pay gratuity to those retirees with serious medical challenges. We paid over N1billion last year.”

“Considering the timing of the protest by some pensioners who used to engage with us regularly on pension matters, we are constrained to believe that the protest was politically instigated and carefully choreographed by some politicians who created the problem in the first place. Our government has always been open to dialogue and decent engagements but we will never submit to blackmail and intimidation.”

Read more Edo State Pension News HERE

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