Imo State to fully implement Contributory Pension Scheme

Governor Hope Uzodinma of Imo State, has commenced the integration of Imo State Pensioners into the Contributory Pensions Scheme to ensure good governance in pension payments and alleviate the suffering of pensioners.

The Governor disclosed this yesterday during a meeting with the leadership of Nigerian Union of Pensioners (NUP) in Imo State adding that they have decided to automate all payments to enable the state migrate to the contributory pension’s scheme. Based on the data released by the National Pension Commission (PenCom), as at 26 February 2020, the only thing Imo State had done was to enact the State law on Contributory Pension Scheme.

The Governor said that delay in payment of pensions and salaries were not intentional saying that it was due to the discovery of overwhelming fraud, discrepancies and irregularities resulting from salary padding, over bloated and double pensions among other sharp practices where some pensioners received monies above their retirement salaries and some even outrageous monies that were not accounted for.

He added that the names of those who earn above N330m (three hundred and thirty million Naira) per annum as pension would be published for Imo people to know. Out of 13,800 primary school teachers, only 9,000 were found to be real, so only primary and secondary school teachers who have been verified and confirmed to be employees of government would receive their salaries.