Kaduna State Pension Bureau, is set to commence payment of pension benefits of 2017 retirees on Tuesday.
The Executive Secretary, Ndackson, who stated this, stressed that Kaduna State Government deserves credit for devoting more of its resources to paying pensioners, saying government has nothing to gain from the contributory pension scheme.
Addressing a news conference yesterday in Kaduna, Ndackson, who commended Governor Nasir El-Rufai for passing the Kaduna State Pension Reform Law 2016, confirmed that the Contributory Pension Scheme commenced in the state as scheduled on 1 January 2017.
He said the new pension scheme remedies the problems and failures that hindered the implementation of the 2007 pension law and saddled the state with more arrears of pension and gratuity.
Ndackson further explained that the new pension arrangements will protect the earned pension rights of workers, and end the problems that unfunded pension schemes have created for pensioner and government alike.
It will be recalled that while signing the 2017 Budget on 13th December 2016, Governor El-Rufai announced that the Kaduna State Government is ready to settle the arrears of pension and gratuity that it inherited.
The Executive Secretary, Ndackson, who stated this, stressed that Kaduna State Government deserves credit for devoting more of its resources to paying pensioners, saying government has nothing to gain from the contributory pension scheme.
Addressing a news conference yesterday in Kaduna, Ndackson, who commended Governor Nasir El-Rufai for passing the Kaduna State Pension Reform Law 2016, confirmed that the Contributory Pension Scheme commenced in the state as scheduled on 1 January 2017.
He said the new pension scheme remedies the problems and failures that hindered the implementation of the 2007 pension law and saddled the state with more arrears of pension and gratuity.
Ndackson further explained that the new pension arrangements will protect the earned pension rights of workers, and end the problems that unfunded pension schemes have created for pensioner and government alike.
It will be recalled that while signing the 2017 Budget on 13th December 2016, Governor El-Rufai announced that the Kaduna State Government is ready to settle the arrears of pension and gratuity that it inherited.
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