Nta Reveal Increasement In Pensioners Payment

Photo of Milford Sound in New ZealandPhoto of Milford Sound in New Zealand

Nta Reveal Increasement In Pensioners Payment

It was reveal that pensioners are now to enjoy an increase in payment of their pension under the defined pension scheme, after the President Muhammadu Buhari’s approval on April 18, 2019, this follows the increment in the minimum wage to N30, 000.

The approval would capture all pensioners from April 18, 2019 when the N30,000 naira minimum wage Bill was signed into law, according to the acting Chairman of National Salaries, Incomes and Wages Commission, Mr. Ekpo Nta.

Nta, who disclosed this yesterday in Calabar while briefing journalists, said: “I am delighted to inform you that as soon as the president gave his approval, the circular indicating the pension increase for pensioners under the defined pension scheme was issued on April 29, this year, to all relevant stakeholders for immediate implementation, with effect from April 18, 2019.

Photo of Milford Sound in New Zealand
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