Pension News

Kaduna State releases N3.1 billion for Outstanding Pension, Gratuity & Death Benefits

Kaduna State governor, Uba Sani, has approved the release of N3.1 billion for the payment of accrued pension, gratuity and death benefits to 1,051 beneficiaries of State and local government in both the Defined Benefit Scheme (DBS) and Contributory Pension Scheme.

Professor Salamatu Idris Isa, the Executive Secretary of the Bureau, explained, at a news briefing in Kaduna, that the beneficiaries comprise both state and Local Government council retirees as well as families of deceased beneficiaries, amounting to N2.6 billion.

She said the State had scheduled the list of 331 beneficiaries amounting to N1.2 Billion while Local Governments have 542 beneficiaries, amounting to N1.4 billion. While, the sum of N500 million was allocated to beneficiaries in the Contributory Pension Scheme (CPS), with 178 beneficiaries of State and Local Government Councils.

Professor Isa hinted that all verification payment exercises will commence next week at the various Headquarters of the 3 Senatorial zones of Kaduna State as part of processes of final payment of benefits to those entitled.

She assured the beneficiaries that the payment principles was based on “first come, first served”, stressing that delay in sighting names on the list for verification payment exercise will not amount to missing of file. Professor Isa emphasized that no single file will go missing over gratuity or death benefits.

“People complaining about their names or files missing may not understand the workings here. We have been paying gratuity and benefits, and as I said earlier, we have a principle of payment which is first in, first served,” she stated.

“If we bring out list, it’s based on first in, first served. Everybody’s turn will come as we continue with the verification exercise. No file is missing in actual sense of it,” she added.

Read more Kaduna State Pension News here

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