Home Business State govts urged to join contributory pension scheme

State govts urged to join contributory pension scheme


PSLAGOS – The Managing Director of the Future Unity Glanvills Pensions Ltd., Mr Usman Suleiman, has appealed to state governments to join the contributory pension scheme.

Speaking with the News Agency of Nigeria (NAN) in Lagos on Wednesday, Suleiman said that at present, only 15 out of the 36 states had joined the scheme.

“The states have continued to exhibit lukewarm attitude to the scheme and this is not good for their workers.

“And among the states that have joined, majority of them have not complied fully with the requirements.

“The pension fund administrators will continue to tell workers to ensure that their various state governments keyed into the scheme. [eap_ad_2] “If they do not, it is the workers who will be losing out of the many benefits that the scheme has to offer to those already in it.

“With each delay in joining the scheme, workers due for retirement will not find it easy to collect their benefits as well as collect their monthly pension on time,” he said.

Suleiman said that most of the pension fund administrators had accounts in the states that joined the scheme, adding that his company was present in 11 of the 15 states.

He said the administrators had resolved to be in the business of continually putting smiles on the faces of the retirees.

According to Suleiman, the operators will not leave any stone unturned in moving the pension fund forward. (NAN)[eap_ad_3]

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