Jigawa commences payment of N331m to 200 retirees

The Jigawa State and Local Governments Contributory Pension Scheme has commenced the payment of retirement benefits to 200 retirees.

This was disclosed by the executive secretary of the board, Alhaji Kamilu Aliyu while briefing newsmen in Dutse on the activities of the board.

He said the “beneficiaries were those who retired from service in state, local government and Local Education Authorities (LEAs).”

Aliyu explained that the payment comprised of retirement benefits, death benefits, death pension balance and refund of eight per cent contribution.

The executive secretary added that 83 of the beneficiaries are from state service, 72 from local government service and 45 from LEAs.

According to him, the total amount to be paid to the 200 beneficiaries from the state, local governments and LEAs is N331,698,679.62.

“Forty-seven beneficiaries from the state service will be paid N99,709,300.88 as retirement benefit; 52 beneficiaries from local government will be paid N72,653,344.43 as retirement benefit; while 22 beneficiaries from LEAs will be paid N26,756,781.76 as retirement benefit.

“For death benefit, 15 retirees from the state will be paid N38,721,150.32; 14 from local government will be paid N27,270,456.00, while 18 from LEAs will be paid N47,645,102.00.

“For death pension balance, nine beneficiaries from the state will be paid N9,184,100.32, six from local government will be paid N1,613,361.61 while five from LEAs will be paid N6,895,301.26.

“Also, for refund of eight per cent contribution, 12 beneficiaries from the state will be paid N1,249,781.04,” Aliyu said.

He assured that the state government and the board would continue to ensure prompt payment of pension and other entitlements to workers for better service delivery, the wellbeing of retirees and fulfilled life after service.

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