The payment included retirement benefit, death benefit, death pension balance and refund of eight per cent contribution
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The last batch is made up of beneficiaries who did not contribute up to a period of five years, and the law states that for any staff to qualify to be paid from the scheme, he would to contribute for a minimum period of five years. “”.He cautioned: “The Pension Board did not, in whatever way, ask a third party to facilitate and or receive any amount from retiree before their payments are done; 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 Pension regulations.
He said with the recent approval, the state government has now released over N5.4 billion to the Jigawa State and Local Governments Contributory Pension Scheme Board as bailout while the Scheme has cleared all the outstanding payment of gratuities.
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