Federal Government Finally Pays 81 Months Pension Arrears
The Federal Government has paid 81 months pension arrears which were incurred from 33 percent pension increment, but left 87 months outstanding.
The money was paid to Police, Customs, Immigration, Prisons and civil service pensioners, according to the Punch.
A detailed breakdown of paid pension arrears and outstanding months were made available to journalists in Abuja, when the Senate Committee on Establishment and Public Service, chaired by Senator Emmanuel Paulker, visited the Pension Transitional Arrangement Directorate for its oversight functions.
According to the documents, three months of 33 per cent increment were paid to Police Pension Department, leaving outstanding of 39 months to Customs, Immigration and Prisons Pension Department which had all its 42 months arrears paid off.
The Parastatals Pension Department had its 12 months arrears paid leaving 30 months outstanding. The Civil Service Pension Department was paid 24 months leaving 18 months outstanding.
Similarly, the 33 per cent pension payment came as a fall out of the upward review of the minimum wage to N18,000 in 2010.