Delta inherits N100bn unpaid pension under the Compulsory Pension Scheme Okowa
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Governor Ifeanyi Okowa
Governor Ifeanyi Okowa of Delta on Sunday said his administration inherited about N100 billion unpaid pensions under the Contributory Pension Scheme (CPS).
Okowa disclosed this at the third session of the 8th Synod of the Church of Nigeria (Anglican Communion), Ughelli Diocese.
The session was held at Bishop Agori-Iwe Memorial Church, Ughelli.
Okowa said that the financial burden forced 18 state governments out of 26 that enlisted on the scheme to withdraw, leaving only eight state governments, including Delta, in the Programme.
The governor explained that the major challenge which forced the states to withdraw and others not to enrol in the scheme, was the huge backlog running into billions of naira.
Delta inherits N100b unpaid pension under the Compulsory Pension Scheme guardian.ng - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from guardian.ng Daily Mail and Mail on Sunday newspapers.
Sixteen Years a Lesson Teacher, By Tolu Ogunlesi
The best time to deal with a wound is as soon as it emerges; there is no second-best time. First we ignore, then we ignore again, then things go out of hand, then we’re forced to sit up, and pay a heavy price for our initial nonchalance. Now we’re on the cusp of another rebellion in the South-East, and we need to do something about it. Something a bit more creative than a random and ruthless military clampdown, which failed to work with Boko Haram, failed in the Niger Delta, and will similarly fail with any other manifestation of the potent mix of poverty and perceived marginalisation in Nigeria.
PenCom Attributes N58bn Decline in Pension Assets to Market Volatility thisdaylive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisdaylive.com Daily Mail and Mail on Sunday newspapers.
Teachers’ union seeks immediate solutions to issues
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Plans rallies, dharna on April 26
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Plans rallies, dharna on April 26
Vexed with “government apathy”, leaders of the Andhra Pradesh Teachers Federation (APTF) have decided to launch a sustained agitation in a phased manner to build pressure on the authorities concerned to solve their long-standing issues.
The leaders called upon teachers to identify their pressing local issues and submit representations on them at the Mandal Education Offices on April 19, while on April 26, they should take out rallies and stage dharnas at the Collectors’ offices.
In a statement on Wednesday, the federation leaders alleged “gross indifference” on the part of the government towards the community. Citing some of their key issues, they said while Chief Minister Y.S. Jagan Mohan Reddy had promised to repeal the controversial Contributory Pension Scheme (CPS) immediately after coming to power, he had no