Union Highlights Low N500 Monthly Pension For Some Retirees

Union Highlights Low N500 Monthly Pension For Some Retirees

The Nigeria Union of Pensioners (NUP) reported on Sunday that some retirees in Nigeria are still receiving only N500 as their monthly pension…… CONTINUE READING 

In an interview with the News Agency of Nigeria (NAN), Alhassan Musa, Secretary of the union in Kaduna State, described the situation as “pathetic.” He highlighted that many affected retirees are in dire conditions despite having dedicated their lives to public service.

Musa noted that retirees in Southern and oil-producing states are among the worst affected, even though these states receive substantial allocations from the federal government. In contrast, pensioners in some Northern states and the Federal Capital Territory (FCT) fare better, receiving between N3,500 and N18,000 monthly.

Musa pointed out that retirees in Kaduna State are currently receiving a minimum pension of N30,000, a benefit introduced by the Kaduna State government in 2020 under Governor Nasir El-Rufa’i.

He called for a 50 percent increase in the minimum pension to better reflect current socio-economic realities. Musa argued that this adjustment is necessary, especially given the new national minimum wage of N70,000. He suggested that pensioners should receive at least N70,000 monthly, aligning their benefits with those of current workers.

Musa also urged Governor Uba Sani to follow El-Rufa’i’s example by implementing the N70,000 minimum pension in Kaduna State. He expressed concern that retirees under the contributory pension system are also facing significant challenges.

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