Close Menu
The Reporters
  • Home
  • News
  • Politics
  • Crime
  • Health
  • Features
  • Economy
  • Environment
  • Entertainment
  • Business
  • Technology
  • Education
  • Sports
  • Tourism
  • Judiciary
  • Judiciary
  • Foreign
  • Agriculture
  • Religion
  • Weather
  • Banking
  • Labour
  • Faith
  • Advertisment
Facebook X (Twitter) Instagram
  • Home
  • Lifestyle
  • Travel
  • Buy Now
Facebook X (Twitter) Instagram Pinterest Vimeo
The Reporters
  • Home
  • News
  • Politics
  • Crime
  • Health
  • Features
  • Economy
  • Environment
  • Entertainment
  • Business
  • Technology
  • Education
  • Sports
  • Tourism
  • Judiciary
  • Judiciary
  • Foreign
  • Agriculture
  • Religion
  • Weather
  • Banking
  • Labour
  • Faith
  • Advertisment
Subscribe
The Reporters
News

CPS Retirees Demand Inclusion in N32,000 Monthly Pension Increase.

AdminBy AdminOctober 1, 2024No Comments2 Mins Read
Spread the love

By Dada Ahmed in Lokoja.

Retirees under the Contributory Pension Scheme (CPS) are voicing their dismay over being excluded from the N32,000 monthly pension increase approved by the federal government as part of the National Minimum Wage Amendment Act of 2024.

Ekpo Nwa, Chairman/CEO of the National Salaries and Wages Commission, confirmed the increase for retirees under the Defined Benefits Scheme (DBS). However, CPS retirees feel overlooked and have expressed their concerns in a letter addressed to President Bola Ahmed Tinubu on September 30, 2024, through the Nigeria Union Pensioners, Contributory Pension Scheme Sector.

The letter, titled “Re: Consequential Adjustment in Pensions Arising from the Implementation of the National Minimum Wage (Amendment) Act, 2024,” was signed by Comrade Sylva C. Nwaiwu, National Chairman, and Comrade Bisan John, Secretary of the Central Action Committee.

In the letter, a copy of which was made available to The Reporters on Saturday, an online publication, through the WhatsApp social platform of NUP/CPS,the union emphasized the exclusion of CPS pensioners from the approved increase.

It cited the National Salaries, Income and Wages Commission’s (NSIWC) circular as a basis for their complaint.

The union recalled a previous communication of May 3, 2024, which identified CPS retirees as entitled to wage/pension increments but noted ongoing discrimination against them in NSIWC circulars.

The letter further detailed the establishment of a government committee to address outstanding liabilities in the CPS, led by former Head of the Civil Service, Dr. Yemi Folashade Esan.

The union said that while the committee’s report was welcomed, the recent NSIWC circular has left CPS retirees feeling demoralized and has prompted them to consider protests, if their situation remains unaddressed by October 15, 2024.

It urged President Tinubu to take immediate executive action to resolve the issue and prevent a potential public outcry from a marginalized class of pensioners that have contributed significantly to the building of Nigeria.

NUP/CPS, therefore, pleaded with the government to rectify the oversight, emphasizing that allowing the situation to persist would reflect poorly on the administration.

Visited 67 times, 1 visit(s) today
Previous ArticleEFCC’s harassment of Yahaya Bello worries political pressure group.
Next Article CPS Retirees Demand Inclusion in N32,000 Monthly Pension Increase.
Admin

Related Posts

Tinubu Inaugurates 11 Roads On Saturday, May 31

May 31, 2025

ABU Alumni Kogi Branch Sets Up 10-Member Committee for July Reunion, Awards Night

May 30, 2025

CAN Chairman Hails Governor Bago’s “Historic” 2 Years in Office, Commends Transformational Strides

May 29, 2025

Leave A Reply Cancel Reply

Recent Posts
  • CHECKING PONZI IN NIGERIA: LESSONS FOR A SAFER FINANCIAL FUTURE
  • Wrestling Federation mourns with Kano Government, Sports Family over Kano Tragedy
  • NOC Mourns Tragic Loss of Kano Athletes,As Nation Grieves Its Fallen Sports Heroes
  • Lokoja ODA Branch Commends Ododo for impressive performance,leadership style
  • Okun Summit: Gov Ododo Calls for Unity to Drive Development in Kogi
© 2025 The Reporters. Designed by Domo Tech Media .
  • Home
  • Contact Us
  • About Us
  • Posts
  • Privacy Policy

Type above and press Enter to search. Press Esc to cancel.