Adamawa pension board seeks fund to offset N18bn outstanding gratuities

The Adamawa State Pension Board has requested for elevated funding for installment fee of an N18 billion overhang of gratuities to retired civil servants.

The Government Chairman of the board, Mr Thomas Madi requested the State Home of Meeting to lift from N50 million to N350 million the month-to-month allocation presently being given for clearing of the gratuities.

“The salient subject is the excellent legal responsibility of gratuity of N18 billion,” the board chairman instructed a visiting committee of the State Home of Meeting, including that elevating the present N50 million month-to-month allocation to N350 million would allow the board to totally settle the N18 billion legal responsibility in 4 years.

Thomas Madi who made the purpose whereas granting viewers to the Adamawa State Home of Meeting Standing Committee on Public Petition Public Service and Electoral Issues, additionally requested for approval of the Meeting for the implementation of the newly reviewed pension price of N7,000 month-to-month minimal as in opposition to the present N4,000 for a pensioner monthly.

Talking, Chairman of the Home Committee, Hon Wilberforce Dangolok who can also be the Deputy Chief Whip and represents Guyuk State Constituency, instructed the board that the committee visited the pension board to get acquainted with its operational challenges.

He assured the board that the Home of Meeting was prepared to help them with their wants for quick settlement of excellent gratuities of pensioners and the assessment of present price of pension.