Governor Buni of Yobe state says his administration is ready to embrace the Contributory Pension Scheme.

By Afolabi Oyekunle

Governor Mai Mala Buni of Yobe State has reaffirmed his administration’s commitment to implement the Contributory Pension Scheme (CPS) in Yobe State.

Governor Buni said this during a meeting with the Director General of the National Pension Commission (PenCom), Ms. Omolola Oloworaran in Abuja, recently.

The meeting discussed the adoption and implementation of the CPS in Yobe State.

Speaking during the meeting, Gov. Buni reiterated his administration’s dedication to the welfare and financial security of retirees in the State.

DG PenCom Ms Omolola Oloworaran with Yobe State Governor Mai Mala Buni.

He emphasised the importance of the CPS as a part of ongoing efforts to ensure a stable and sustainable pension system for state employees.

The Governor highlighted that the adoption of the CPS would not only provide long-term benefits but also address issues related to pension arrears and past service liabilities.

He further emphasised the need for sensitisation programmes to ensure that all stakeholders understand the scheme’s benefits and operational framework.

On the PenCom’s side, Ms. Omolola Oloworaran briefed the Governor on the CPS and its long-term benefits for State employees. Discussions centred on the importance of passing the CPS Bill, ensuring timely remittances, and addressing past service liabilities through actuarial valuation.

The engagement aimed to address critical steps required for the transition from the Defined Benefits Scheme (DBS), which is currently in practice in Yobe State to the more sustainable CPS to chart a clear path for the State’s pension reform efforts.

A key outcome of the meeting was the Governor’s assurance of his administration’s readiness to implement the CPS by passing a robust pension law and setting up the necessary administrative structures.

Governor Buni also reaffirmed his commitment to pre-retirement training programmes aimed at equipping civil servants with skills for post-retirement opportunities.

Ms. Oloworaran commended Governor Buni for his forward-thinking approach, particularly his initiative to clear pension arrears owed to retirees.

She pledged continuous technical support from PenCom to facilitate the smooth adoption of the CPS in Yobe State.

Comments

Omisande: CPS Pensioners in Lagos State assured of payment of their increase pension benefits as their Federal counterparts.

By Afolabi Oyekunle. Pensioners under the Contributory Pension Scheme(CPS) in Lagos State have been urged to be patient concerning their much awaited increases, as there are assurance that all what they are entitled to will be paid earlier next year. This assurance is coming from the Chairman, Nigeria Union of Pensioners, Contributory Pension Scheme, NUPCPS, Lagos State Council, Comrade Michael Omisande. Comrade Omisande who spoke to ForumNews at the sideline of the end of year get together of Agege Zone Pensioners said what is delaying is the Template which is being awaited Comrade Omisande said just as the Federal workers who have started receiving their own entitlements, all Pensioners under the scheme in other five states will receive their own as approved by the Federal government. According to him, the PFA'S have been given till 20th December to pay all Federal Pensioners. He said after the completion of the Payment, PenCom will ther...

Work in progress by the LSG to pay CPS Pensioners their benefits.

By Afolabi Oyekunle. Contributory Pensioners in Lagos state have been assured that the Lagos state government is in the process of paying their benefits, despite the initial delay. The assurance was given by the NUPCPS Chairman in Lagos state, Comrade Michael Omisande. NUPCPS Chairman Comrade Michael Omisande/ LSG Babajide Sanwoolu. "I wish to inform you that we are making progress as the government is cooperating very well on the matter. I want to assure you that there is no delay tactics employed by the government and no Compromise on the part of the Union." Comrade Omisande laid the blame of the delay at the doorsteps of the Director General of LASPEC, Mr. Babalola Obilana for his incompetence and manipulation to deprive the Pensioners of their benefits. DG LASPEC Mr. Babalola Obilana According to him, Laspec was passing negative information to the government as per pensions matter in the state. "Many revelations came up as product of...

CPS Pensioners in Lagos state call on Gov. Sanwoolu, to expedite action on the payment of their Benefits.

By Afolabi Oyekunle. The delay in the payment of their Pension Arears and other entitlements is worrisome to the Contributory Pensioners in Lagos state, who called on Governor Babajide Sanwoolu to quickly take a decisive action to pay their areas and other entitlements as approved by President Bola Tinubu. Lagos state Governor, Babajide Sanwoolu. Speaking with FocusNews on the delay, the Lagos State Chairman of the Nigeria Union of Pensioners Contributory Scheme, Comrade Michael Omisande said the attitude of the Governor to the payment of the arears shows he has not got the political will to pay the money. Comrade Omisande challenged Governor Babajide Sanwoolu to come out bodily and tell the Pensioners when he is going to pay the money. Lagos State CPS Pensioners Chairman, Comrade Michael Omisande. "It is our money and he has to pay us, we are the birds that lay the golden eggs we should not be allowed to suffer." Comrade Omisande however appealed to ...

Search This Blog