‘Probe Abia pension managers’

The Nigeria Union of Pensioners, Abia State chapter, has asked Governor Okezie Ikpeazu to immediately order an investigation into the activities of pension managers in the state.

This was contained in a communiqué issued by the union after its emergency meeting in Umuahia.

The communiqué, signed by the union’s chairman, C. N Udensi; and its secretary, O.C Arungwa, called for sanctions against all those found culpable in pension funds administration fraud.

According to the NUP, some pensioners in the state were owed seven-month pension arrears.

The council called on the government to urgently pay the huge arrears of pensions owed its members across the state, saying the arrears run into millions of naira.

The union further called on the government to implement pension increments approved by the Federal Government without delay.

According to the union, “A situation where a pensioner who retired 15 years ago is still earning as low as N465 a month is very unimaginable.”

The union urges the state government to allocate N50m monthly each to the Abia State Pensions Board and the Local Government Pensions Board for the payment of gratuities owed pensioners.