Pension News

Kano State Speaker and Deputy to get Life Pension like Kano State Governor and Deputy Governor.

Governor Abdullahi Ganduje of Kano State on Wednesday May 8 2019 singed into Law the Kano State Pension and Right of Speaker and Deputy Speaker Law 2019 and also updated the Kano State Pension and Rights of Governors and Deputy Law 2019.

Kano State Pension and Right of Speaker and Deputy Speaker Law 2019.

Based on available information, this law makes Kano State the first to give life pension to Speaker & Deputy Speaker of House of Assembly in Nigeria.

This Law will give the Speaker and Deputy Speaker of the Kano State House of Assembly a pension that is the same salary of a serving speaker and deputy speaker for life, provided that the Speaker or the Deputy do not hold any paid elective or selective appointment. It will also give them foreign medical trips and brand new vehicles every four years. Where the Speaker or Deputy Speaker exist office either by death or resignation before the expiration of the term of their tenure, they shall be paid pension pro-rata the number of years they spent in relation to their tenure of office and any Speaker or Deputy Speaker that is impeached by the House will not be entitled to pension.

Updated the Kano State Pension and Rights of Governors and Deputy Law 2019.

Though details of the benefits for Kano State Governor and Deputy Governor pension law are not readily available, the life pension available for them is similar to what was signed into law for the Speaker & Deputy Speaker.

When the discussions to begin the amendment of Kano State Governor and Deputy Governor pension law was raised last year before the House, as a motion of urgent public importance, by a member, Labaran Madari (APC), representing Warawa Constituency, the major reason for the amendment was to reduce unnecessary spending of public funds through payments to former governors and deputy governors who are also holding political offices after their tenures. The agreement was that they would suspend life pension payments for governors and deputy governor who hold political offices and continue such payment when the person no longer hold any other political office.

Life pension payment to any political office holder is a great stress to the financial capabilities of any Polity where the polity is unable to meet up with payment of pension entitlements to workers who spent 35 years working, if each political office holder spend a single term of 4 years, within 20 years we could have 5 individuals receiving the same salary as the current political office holder. These are funds we believe can easily be used to clear outstanding pension liabilities to workers who spent 35 years working.

error: Content is protected.