The Federal Government has increased pensions by 20% and introduced a minimum pension of N32,000 for retirees.
This adjustment applies to retirees from specific salary schemes, including health workers, doctors, lecturers, police, paramilitary, and armed forces personnel.
The Nigeria Union of Pensioners (NUP) on Sunday expressed gratitude for these steps, describing them as measures to improve the lives of pensioners nationwide.
Mr Godwin Abumisi, NUP’s National President hailed President Bola Tinubu for tackling the financial difficulties faced by retirees under the Defined Benefit Scheme.
According to Abumisi, this is the first time such adjustments have been made without the need for protests.
The Pension Transitional Arrangement Directorate (PTAD), led by its new Executive Secretary, Ms. Tolulope Odunaiya, was commended for ensuring prompt implementation of the changes.
Abumisi however raised concerns about irregularities in the payment process, pointing out that some pensioners have not received their full entitlements.
He called on PTAD to review its records and address any errors promptly, emphasizing the need to ensure all pensioners receive the benefits they are entitled to.
NUP is a scam. They slept all through year 2024 when palliatives were paid to public servants #35,000 per month commencing from April of year 2024 . Promises and approval given by fg to pay #25,000 across board to all public service retirees were never honoured by ministries and agencies especially the AVIATION industry that claimed it paid one month #25,000 palliatives only on magnanimous level. NIGERIAN PENSIONERS ARE DYING. NUP HAS COMPROMISED. FEPAN Is total scam!