• About
  • Advertise
  • Contact
Wednesday, February 1, 2023
  • Login
Vital News
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
Vital News
No Result
View All Result
Home News

FCT Councils Pension Board Disburses N8bln To 1, 217 Retirees – Director

Vital News by Vital News
November 10, 2022
in News
0
Share on FacebookShare on Twitter

By Salisu Sani-Idris

Abuja – FCT Area Councils Staff Pensions Board has paid N8 billion to 1,217 retirees from 2016 to date.

Director and Chief Executive Officer of the board, Dr Nanzing Nden, told a news conference on Wednesday in Abuja that N754 million of the money was paid to 194 retirees in 2022.

The director called on those who retired between 2005 and 2015 to report to claim their benefits.

“We still have 132 persons who retired between 2005 and 2015, but have not applied for their pensions.

RelatedStories

Emir Of Lafia Demands Justice Over Killing Of 41 Herdsmen In Lafia

Gombe Approves N3bln For Payment Of Gratuity To Retired State, LGs Workers

Report Of Attack On Buhari In Kano Is Fake – Presidency

Self-Determination Groups, Orilede Yoruba, Biafra Raise Alarm Over Killings In South West, South East

“We do not have their complete records. We have their files, but we don’t have their Pension Administrators Certificates to enable us to process their payments,’’ he said.

He added that over the past five years or six years the board paid N1.8 billion as monthly pensions to more than one million retirees under old pension scheme.

“We have also maintained a good life insurance policy and paid N896 million as death insurance benefits to dependants of those who died during the period under review,’’ he said.

Nden added that the board is currently working to pay retirement benefits ahead of retirement date.

“We are still lagging. For example, we just received the minister’s approval for N170 million to pay to those who retired in October.

“Our plan was to have paid October retirees by July or August,’’ he said.

Nden added that the board was determined to complement the Pension Management System by developing an effective workflow system.

“We have been able to train Pension Desk Officers quarterly to ensure that they are abreast of developments at the National Pension Commission,’’ he said.

He commended the FCT minister, Malam Muhammad Bello and the FCT Permanent Secretary, Mr Olusade Adesola, for their support.

“We have our funding essentially from the Federal Government, the FCT Administration and the Area Councils who are our major stakeholders,’’ Nden said. (NAN/vitalnewsngr.com)

Tags: boardFCTpensionretirees
Previous Post

LCCI Applauds Dangote On Job Creation, Provision Of Infrastructure

Next Post

Sanwo-Olu Preaches Unity, Togetherness as NAFEST Kicks Off In Lagos

Vital News

Vital News

RelatedStories

Emir Of Lafia Demands  Justice Over Killing Of 41 Herdsmen In Lafia
National

Emir Of Lafia Demands Justice Over Killing Of 41 Herdsmen In Lafia

February 1, 2023
Gombe Approves N3bln For Payment Of Gratuity To Retired State, LGs Workers
Labour

Gombe Approves N3bln For Payment Of Gratuity To Retired State, LGs Workers

February 1, 2023
I Look Forward To Peaceful Polls, Retirement, Says President Buhari
National

Report Of Attack On Buhari In Kano Is Fake – Presidency

February 1, 2023
Self-Determination Groups, Orilede Yoruba, Biafra Raise Alarm Over Killings In South West, South East
National

Self-Determination Groups, Orilede Yoruba, Biafra Raise Alarm Over Killings In South West, South East

January 31, 2023
News

58,000 Women To Benefit From N2.7bln Kebbi Empowerment Fund

January 30, 2023
Next Post

Sanwo-Olu Preaches Unity, Togetherness as NAFEST Kicks Off In Lagos

We Discovered 295 Illegal Connections To Our Pipelines – NNPC

Pam Urges Youths To Contribute To National Development

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow Us

Recommended

Bandits currently occupying 12 LGs in Niger State – Bello

11 months ago

Ikeja stands still as Faleke, wife bag chieftaincy titles

1 year ago

NJC issues warning letters to two Judges for misconduct

11 months ago
Adeleke Rejects Tribunal Verdict, Heads to Appeal Court

Adeleke Rejects Tribunal Verdict, Heads to Appeal Court

5 days ago

Instagram

    Please install/update and activate JNews Instagram plugin.

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Transport
  • Uncategorized

Topics

Abuja APC arrest Atiku attack Bandits Bello Buhari campaign candidate CBN cement church Court Dangote death die drugs EFCC Election elections FG Fraud FRSC gunmen INEC Kaduna kidnap Kill Kogi Lagos NDLEA Niger Nigeria Nigerians Ogun Oil PDP Police road Security Senate Tinubu train victims
No Result
View All Result

Highlights

Emir Of Lafia Demands Justice Over Killing Of 41 Herdsmen In Lafia

Gombe Approves N3bln For Payment Of Gratuity To Retired State, LGs Workers

Report Of Attack On Buhari In Kano Is Fake – Presidency

Mammoth Crowd As APC Holds Campaign Rally In Okene

Consistency, Resilience key To Business Success – Expert

NNPC Takes Over Four Oil Wells From Addax

Trending

Election : Ex-VC Urges Nigerians Not To Elect Bad Leaders
Politics

Election : Ex-VC Urges Nigerians Not To Elect Bad Leaders

by Vital News
February 1, 2023
0

By Bridget Ikyado A former Vice Chancellor, Prof. Nuhu Yaqub, says the choice of leaders Nigerians make...

2023 Elections : Buhari Directs Immigration To Tighten Border Security

2023 Elections : Buhari Directs Immigration To Tighten Border Security

February 1, 2023
Atiku Promises True Federalism At Ibadan Rally As Makinde Failed To Show Up

Elections : Atiku Initiates Talks With Kwankwaso, Obi

February 1, 2023
Emir Of Lafia Demands  Justice Over Killing Of 41 Herdsmen In Lafia

Emir Of Lafia Demands Justice Over Killing Of 41 Herdsmen In Lafia

February 1, 2023
Gombe Approves N3bln For Payment Of Gratuity To Retired State, LGs Workers

Gombe Approves N3bln For Payment Of Gratuity To Retired State, LGs Workers

February 1, 2023
Vital News

Vital News is an online newspaper with a mission to uphold professional journalism by reporting and publishing only facts and figures-based news reports across Nigeria and beyond.

Recent News

  • Election : Ex-VC Urges Nigerians Not To Elect Bad Leaders February 1, 2023
  • 2023 Elections : Buhari Directs Immigration To Tighten Border Security February 1, 2023
  • Elections : Atiku Initiates Talks With Kwankwaso, Obi February 1, 2023

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Transport
  • Uncategorized

© 2022 Vital News - . All Rights Reserved.

No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security

© 2022 Vital News - Vital News by Vital News.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In