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Pensioners oppose state govs over pension fund borrowing -


PENSION
More opposition to the moves by state governors to borrow from the pension fund has come from pensioners under the Contributory Pension Scheme, CPS, who argue that most states have no justification to access the fund having refused to key into the scheme.
Vanguard investigation shows that only 10 states out of the 36 states have keyed into the CPS since its introduction in 2004.
The Nigeria Governors’ Forum, NGF, has endorsed proposals to borrow a total of N17 trillion from the pension fund and the Nigerian Social Trust Fund for infrastructure development.
In a communiqué issued by the Contributory Pensioners Union of Nigeria, CPUN, and signed by its Chairman, Mr. S.A  Kojusola and Secretary, Mr. Comrade Idowu Ogunjinrin, at its end of the year meeting in Ibadan, the Union said: “Members frowned at the Federal/State Government intension to borrow from Contributory Pension Scheme Fund at the expense of the Union members retired since last year that are ....

Idowu Ogunjinrin , Rosemary Onuoha , National Pension Commission , Pension Fund Custodians , Pension Fund Administrators , Contributory Pension Scheme Fund , Nigerian Social Trust Fund , Nigeria Governor Forum , Contributory Pensioners Union Of Nigeria , Kindly Share This Story , Contributory Pension Scheme , Contributory Pensioners Union , Comrade Idowu Ogunjinrin , State Government , Pension Reform Act , National Pension , Share This Story , ரோஸ்மேரி ஓன்ுோா , தேசிய ஓய்வூதியம் தரகு , ஓய்வூதியம் நிதி பாதுகாவலர்கள் , பங்களிப்பு ஓய்வூதியம் திட்டம் நிதி , நைஜீரியன் சமூக நம்பிக்கை நிதி , நைஜீரியா கவர்னர் மன்றம் , பங்களிப்பு ஓய்வூதியம் பெறுவோர் தொழிற்சங்கம் ஆஃப் நைஜீரியா , கைஂட்லீ பகிர் இது கதை , பங்களிப்பு ஓய்வூதியம் திட்டம் ,