Jigawa Pension House pays N461m terminal benefits to 339 retirees.

 

Jigawa Pension House pays N461m terminal benefits to 339 retirees

NAN-HE-22

Payment

Abdullahi Shugaba

Dutse, Aug. 3, 2017 (NAN) Alhaji Suleiman Kiyawa , Executive Secretary of Jigawa State and Local Government Contributory Pension Scheme,  said on Thursday the scheme paid about N461.4 million in July as terminal benefits to 339 retirees in the state.

Kiyawa told the News Agency of Nigeria (NAN) in Dutse that the payment was in four categories.

The first category of 207 people who reached 60 years of age or attained 35 years of mandatory service collected N263.9 million.

He said said that 95 people in the second category were those that died in active service while their heirs collected N177.6 million.

According to him, N18.9 million is balance to be paid to relatives of 33 deceased people.

Kiyawa said four persons that did not contribute up to the stipulated five years to the contributory scheme collected N913, 387 as refund of eight per cent of their contributions to the scheme.

He said that nobody needed to lobby or bribe anyone before getting the  entitlements “because it is a right, not a privilege”.

The executive secretary commended the state Governor, Alhaji Muhammadu Badaru, for his support and cooperation towards the pension scheme and creating an enabling environment for the execution of the duty. (NAN)

AIS/IA

(Edited by Idris Abdulrahman)