Kaduna workers to get pension as at when due – El-Rufai
//Eddy Akon, Kaduna//
Kaduna State Government has called on pension administrators to recommend ways to surmount the challenges in implementing contributory pension system in the state.
Governor El-Rufai made the call at the flag-off of the sensitization programme of the scheme Friday in Kaduna.
El-Rufai said it is necessary because the awareness of the benefit is still very low among civil servants in the state.
“Unfortunately, awareness of the benefit of the scheme to overwhelming majority of civil servants is still very low.
“The “Pay-as-you-go” system has become cumbersome and unsustainable as it is dependent on budgetary allocation and government bears the burden alone.
“The problem was further compounded by periodic pension increases which had led government and some statutory corporations into arrears of gratuity and pension payments running into billions of naira.
“I have no doubt that this effort would mobilize the public servants particularly, pensioners and prospective pensioners to understand, appreciate and support the scheme towards actualizing the purpose for which it was established.
“Let me use this opportunity to reiterate government’s unflinching commitments toward ensuring the well-being of civil servants in the state,” the governor stated.
Earlier in a presentation, the Executive Director, Sigma Pension, Alhaji Ibrahim Balarabe had highlighted the background of the state pension amended law 2015, objectives and features, of the system which ensures that workers receive their retirement benefits as at when due with uniform set of rules, administration and standards.
Also, highlighted are the key players, advantages like employees ability to secure mortgage loans with contributors earning income and group life insurance for employees who due in active service, how to access RSA balance and benefit payment documentation requirements.
He attributed reasons for delay in payment of pension benefits to incomplete and inaccurate documentation, delay payment of accrued rights and or outstanding contributions, reconciliation issues comprising of incomplete remittances or over contributions and the inability to contact the customer or family as a result of inaccurate contact details.
Others are disagreement with computed lump sum and PW amount, discrepancies in information during documentation and initial information provided at point of registration like date of birth.
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