Contributory pensioners in Lagos go spiritual, embark on prayers and fasting over predicament
Contributory pensioners in Lagos State have decided to go spiritual over the plight of members who are dying and suffering from hardships caused by irregular payment of their benefits.
The pensioners under the aegis of Association of Retirees and PFA Pensioners have declared Thursday July 29 this year a day of fasting and prayer for God’s intervention in their plight.
Speaking to Demola Adefajo’s Blog (DAB) Chairman of the Association, Comrade Michael Omisande, was resorted to after the members who are under the contributory pension scheme have exhausted all human efforts to seek solution to their problems.
According to Omisande, the problems include ridiculous payment of pension, delay in payment of gratuities, lack of functional health insurance for members among others.
“Our monthly pension is scandalously meagre compared to that of our defined benefit scheme counterparts. For instance, a Deputy Director of Contributory Pension Scheme (CPS) collects an average of N50,000 monthly, while his counterparts on Defined Benefit Scheme (DBS) receives an average of N200,000”, Omisande lamented.
He therefore sought an increment in the monthly pay to enable pensioners on CPS live a meaningful life.
He also complained about the small amount released for payment of monthly bond, leading to backlog stretching to many years.
The body has already sent a memorandum on amendment of existing contributory pension law to the Lagos State House of Assembly.