Pension News

Adamawa releases Funds for Payment of Outstanding Gratuity to Retirees

Chairman of Adamama State Pension Board, Mr Thomas Mahdi, has disclosed that Governor Ahmadu Fintiri, has approved N1.5 billion for payment of outstanding gratuities to retirees.

Mahdi said that the payment of the arrears of gratuity to State Government retirees affected those who retired between 2009 and 2012 and the payments are categorised based on Senior Management Staff and Grade Levels. Mahdi also said that the board would pay to family members of beneficiaries who died while waiting for their gratuity.

Similarly, Chairman of Adamawa State Local Government Pension Board, Mr John Medugu, on Friday disclosed that the board has begun the payment of outstanding gratuity to over 6,300 Local Government retirees.

Medugu who made the disclosure to journalists in Yola, said that the State and Local Government Councils jointly contribute N14 million monthly for the payments.

He explained that the amount being contributed monthly for settlement of the retirees’ gratuity would also help to cushion the hardship occasioned by COVID-19.

He said, “So far, Government has settled the gratuity of about 6,300 local government retirees. On monthly basis, State and Local Government’s Councils are contributing about N14 million for the payment of the gratuity.”

Medugu also disclosed that according to their records, 989 local government Pensioners are not receiving their monthly pension as a result of recent verification exercise.

He however urged the affected pensioners to be patient as the board was working to ensure that those mistakenly omitted in the payment were integrated into the system.

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