President Muhammadu Buhari has announced plans to take actions that would bring the challenges faced by retirees to an end.
Speaking in at a meeting with the Director General of National Pension Commission, (Pencom), Dr Chinelo Anohu-Amazu at the State House, Abuja yesterday, President Buhari urged urged the commission to look into the issues affecting retirees’ welfare with a view to addressing them.
Briefing State House Correspondents after the meeting, the Pencom boss 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 are not able to access their benefits.
She said the issues have to do with accrued rights, those who were federal government workers and had moved to the contributory pensions 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,” she added.