Aliyu, a member of Committee on Civil Service at the conference, stated this in Bauchi on Sunday during an interview with the News Agency of Nigeria (NAN).
He said that the modification had become necessary because of fears expressed by contributors that the new scheme could be marred by the inadequacies of the former arrangement that made retirees to wait for years before been paid their entitlements.
Aliyu, one-time Nigeria Ambassador to Japan, said that: “It is not the contributory pension that people are worried about but more of the old system.”
‘’It is the new system that people are clamouring for to ensure that all the retirees collect their pensions as and when due, and whatever arrears are available, should be paid to them.
“Secondly, if there are periodic reviews and changes to be done every five years, it should take care of the inflationary trends in the economy of the country.
“We believe this is going to be done and is going to form part and parcel of our report,” he said
He assured that his committee would ensure that mistakes of the old pension scheme did not manifest in the new scheme. (NAN)
