Jigawa Pension Board Settles N1.8billion Retiree's Benefits

Gov. Umar Namadi

By Salisu K Ismail 

An amount of over N1,823 Billion was disbursed by the Jigawa State and Local Government Contributory Pension Scheme Board as payment of terminal benefits to 702 individuals who exited from active service after completing thirty-five years of service between 2023 and January of this year. 

The Board's Executive Secretary, Alhaji Kamilu Aliyu Musa, addressed the beneficiaries on the Board's premises and provided details of the payment. He mentioned that the payment was categorized into four categories. 

The first batch, consisting of 577 retired staff members who either reached the mandatory retirement age of 35 years or turned sixty by birth, received a total of N1,506,610,189.71 Billion. 

The second category included eighty-six staff members who passed away while on active service, and their relatives received a total of N292,961,356.02 million. 

He said that, N23, 838,498.17million was paid to the third batch consisted of thirty-eight retirees who retired from service and were already receiving monthly pensions but unfortunately passed away before reaching their minimum period of five years after retirement. 

The last batch was beneficiary who did not contribute up to a period of five years, and the law stated that for every staff to qualify to be paid from the scheme was for him to contribute for a minimum period of five years saying that, "Under this category, we have paid one person, the sum of N21, 446.02 including 15% interest." 

The Executive Secretary warned Pensioners across Jigawa State to be wary of fraudsters, saying “Our services are free; never bribe any of our staff for your terminal benefits, as we worked under guidelines establishing our Board in line with consonant of Pension regulations.”

However, Mr. Aliyu thanks  Governor Umar Namadi for his care and magnanimity to Pensioners adding that, the prompt payment of Pension and gratuity has helped to enliven the heart of Pensioners and prayed that God would continue to fortify him to do more.

"The State Government and the Board will continue to ensure prompt payment of Pension and other entitlements to workers for better service delivery, well being of retirees and fulfilled life after service” Aliyu said.