The Nigerian Federal Parastatals and Private Sector Pensioners Association of Nigeria, FEPPPAN has called on President Muhammadu Buhari to accelerate the implementation of pension increase and arrears under the new minimum wage.
The pensioners in a letter tagged: “Undue Delay in Implementing Minimum Wage/Salary as It Relates to Pension Increase of Pensioners under the Defined Benefit Scheme, DBS” stated that the president’s swift reaction would prevent them from going on protests to press their demand.
FEPPPAN President-General, Temple Ubani noted that though President Buhari has been paying regular monthly pensions since 2015 when he came into power, the implementation of the minimum wage/salary as it relates to pension has not been effected.
“We pensioners under the DBS and members of FEPPPAN acknowledge, with thanks, your administration’s care and love for pensioners nationwide through regular payment of our monthly pensions since 2015 when you took over the reins of power. This development is a departure from the inglorious order preceding your Presidency when pensioners were paid between 5th and 8th of the following month.
“However, we have looked forward to the implementation of the Minimum Wage/Salary as it relates to pension increase of pensioners under the Defined Benefit Scheme, with bated breath, to no avail. Needless to remind you that you graciously signed the Minimum Wage/Salary into law on April 16, 2019 and this was implemented at the federal level in December 2019.
“A majority of pensioners of federal parastatals have persistently clamoured for a showdown through public protests/demonstrations but the leadership of our Association has so far been able to stem the tide of a nationwide protest lest, detractors whose stock in trade is always to run down your government, will latch on this to unjustifiably criticize your government notwithstanding the fact that pensioners nationwide never had it so good before the advent of your administration.”
Ubani revealed that the National Salaries, Incomes & Wages Commission, NSIWC has submitted its report/recommendations to the presidency for approval and implementation of the recommendations on the Minimum Wage/Salary as it relates to federal pensioners.
The Nation News reports that while pleading with President Buhari to intervene by using appropriate agencies to resolve their issues, they expressed gratitude and unflinching faith in the president’s continued love and compassion for the welfare of pensioners across the nation.