Home News Defunct PHCN retirees no longer entitled to 33 per cent lengthen in pension – PTAD

Defunct PHCN retirees no longer entitled to 33 per cent lengthen in pension – PTAD

by Good News

The Pension Transitional Association Directorate (PTAD), mentioned that workers of the defunct Strength Retaining Company of Nigeria (PHCN) must no longer entitled to the pension lengthen of 33 per cent.

Mr Gbenga Ajayi, PTAD’s Head of Corporate Communications, mentioned in a assertion on Thursday in Abuja that the PHCN pensioners were already on a a host of salary construction sooner than the pension review for pensioners turned into accredited.

Ajayi mentioned that the clarification turned into wanted as the honour of PTAD Administration had been drawn to a increasing agitation by some neighborhood of PHCN Pensioners, identified as concerned PHCN Pensioners.

He mentioned that the neighborhood is alleging that PTAD had colluded with some “mighty folk” to deprive them of the 33 per cent pension increment as accredited by the Federal Authorities in 2010.

“We would love to converse unequivocally, that the Nationwide Salaries, Incomes and Wages Fee, the Federal Authorities agency accountable for coverage assertion on emoluments alongside side pensions had directed by technique of a letter of approval Ref: SWC/S/04/S.542/26 of September 26, 2014, that the retired personnel of the defunct PHCN must no longer entitled to the pension lengthen of 33 per cent.

“Here is as a consequence of PHCN pensioners were already on a a host of salary construction sooner than the pension review for Pensioners who, while in provider, were on even handed some of the Harmonized Wage Constructions of the Federal Public Provider.

“It’s going to be famed that PHCN Pensioners took the Federal Authorities to the Nationwide Industrial Court (NIC) Abuja on this project.

“After lots of engagements, President Muhammadu Buhari accredited the implementation of 9.7 per cent lengthen in the pensions of Ex-PHCN Retirees beneath the Outlined Abet Design (DBS).

“This approval turned into aged as an out-of-court docket settlement in utter to position an almost about the amble smartly with at the NIC, Abuja.” Ajayi mentioned.

He mentioned that following the approval of the President, by technique of approval letter Ref. SWC/S/04/S.557/III/546) of May per chance per chance per chance 7, 2021, the 9.7 per cent increment turned into utilized with attain from June 1, 2016 and the arrears paid in December 2021 to all eligible Ex-PHCN Retirees.

Ayayi mentioned that it turned into therefore preposterous and uncalled for that the neighborhood desired to with ease fail to bear in mind the amicable agreement reached by all parties and arm-twist the Federal Authorities to luxuriate in claims on the 33 per cent pension increment.

He mentioned that a host of associated components referring to the neighborhood of pensioners possess since been communicated to the Coordinator of the Eager PHCN Pensioners, Mr Dunmoye Oladimeji, by technique of a letter dated March 17, 2021, with Ref: (PTAD/PaPD/231/VolII/263).

“PTAD will continue to give priority to the welfare of Outlined Abet Design Pensioners,” Ajayi mentioned, adding that President Buhari remains committed to the welfare of pensioners and has consistently demonstrated that by approving the associated rate of notorious pension arrears and fashioned rate of monthly pensions.

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