President Buhari Signs New Minimum Wage for Pensioners
A new minimum wage for
pensioners have been approved for payment by President Muhammadu Buhari
Executive Secretary,
Pension Transitional Arrangement Directorate, Dr Chioma Ejikeme, disclosed this
at a news conference on Friday in Abuja.
She said that with the
presidential approval, PTAD had been empowered to start the upward adjustment
of all pensioners’ benefits according to the approved template.
Ejikeme said the
adjustment of the new pension payment would start from May 2021 adding that the
payment of the arrears would cover the period of the implementation of the
minimum wage.
“The arrears from April
2019 will be paid along with the pensioners’ monthly benefit starting from May
2021 payroll.”
She said that on April
22, a statement was released to inform the public of the President’s sincerity
to implement the consequential adjustment on the pension benefits through PTAD.
“I emphasise that the
Nigeria Union of Pensioners has no reason to go on protest because the matter
has been finalised.
“True to that statement, we are here today
to confirm that the consequential adjustment will be implemented from May 2021
payroll.
“As a responsible agency of government
saddled with the responsibility of overseeing the payment of pension benefits
to pensioners under the DBS and their welfare, we are encouraged to do more for
our pensioners.
“And we will continue to strive to improve
the quality of their lives,” she said.
Ejikeme also said that PTAD would not
request the senior citizens to pay any gratification to anybody before they
receive their money.
The executive secretary advised them not to
give their account details to anybody, and to report any scammer to any of the
security agencies or PTAD.
“We have concluded arrangements to send SMS
to all pensioners, informing them of the payment and to caution them on the
activities of the pension scammers.
“The time has come for DBS pensioners to
continue to eat the fruits of their labour.
NAN
No comments