Jigawa Pensions Board disburses N1.215bn to 550 Retirees – PensionNigeria

Jigawa Pensions Board disburses N1.215bn to 550 Retirees

The Jigawa State and Local Government Contributory Pension Scheme Board has disbursed N1.215 billion entitlements to 550 retirees.

The Executive Secretary of the board, Alhaji Kamilu Aliyu, disclosed this while briefing newsmen in Dutse on Monday.

He said the amount would cover payment to workers who retired from service between March and June 2022, at the state, local government and the Local Education Authorities (LEAs).

Aliyu explained that the payment included retirement benefit, death benefit, death pension balance and refund of eight per cent contribution.

The executive secretary revealed that 191 of the beneficiaries were from state service, 146 local governments and 214 from LEAs.

He said that N501 million would be disbursed to 191 beneficiaries from the state service, and N213 million to 145 beneficiaries from local government service while 214 beneficiaries of the LEAs to receive N500 million.

According to him, the board is up-to-date in the payment of entitlements to retirees, including those who died in active service.

He reiterated the commitment of the state government towards improving the welfare of workers to enhance service delivery as well as wellbeing of retirees to enjoy a fulfilled life after service.

Support PensionNigeria financially here, empower us to do more independent analysis of the Pension Industry in Nigeria

Subscribe to PensionNigeria Daily Newsletter and get Today’s Top Pension News delivered straight into your email box every Evening. Click here to Subscribe

Subscribe to PensionNigeria Weekly Newsletter to ensure you don’t miss any post Click here to Subscribe

Pension is Your Right,
An Insurance for Old Age
Follow PensionNigeria on Social Media LinkedIn Twitter Instagram Facebook YouTube

error: Content is protected.