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Resolve All Pension Issues, Buhari Orders PENCOM

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President Muhammadu Buhari has directed the National Pension Commission (PENCOM) to resolve all issues preventing pensioners from accessing their benefits.

The president gave the directive at Aso Rock Presidential Villa in Abuja yesterday in a meeting with the top management of the commission.

Addressing State House journalists later, PENCOM Director General, Chinelo Anohu-Amazu said Buhari also directed the commission to work with the National Economic Council (NEC) to ensure compliance from the 36 states as soon as possible. She said: “The President has also directed for immediate resolution because you also have to be mindful of the situation we live in, most of them who are not able to access their benefits, had to do with accrued rights.

“The problems involved those who were federal government workers and had moved to the contributory pension systems midway into their career.  “So, they have accrued right coming from their past service under the defined benefit under the federal government and what you have is because our budget is not as robust as we would wish, we have dwindling resources and every sector of the economy is affected.

“But the President has also directed that this matter be looked into and prioritized so that those who have retired receive their payment benefits as at when due,” Anohu-Amazu said.

 

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Akin Akingbala is an international journalist based in Lagos, Nigeria. Aside being happily married, he has interests in music, sports and loves traveling.

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