Retirees Go Smile as PenCom Promise Pay All Gratuity Before December End

Nigerian retirees don get assurance from PenCom say all pension arrears and gratuities go clear by December 2025 following FG ₦758 billion bond.

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PenCom don assure all Nigerian retirees say all their pension arrears and gratuities go fully pay before December 2025, once the ₦758 billion bond wey FG give PenCom don mature.

The news come during one two-day workshop wey PenCom organise with National Salaries, Incomes and Wages Commission (NSIWC) for Owerri, where over 100 retirees from the South-East gather.

PenCom DG Omolola Oloworaran, through Samuel Uwandu, National Commissioner, Inspectorate, talk say the bond go soon turn to cash, and all retirees go collect wetin dem dey owe them.

She talk, “Thanks to President Bola Tinubu for giving PenCom this ₦758 billion bond. We dey work to cash am before year end. All gratuities go pay in full by December, and every arrears go settle.”

Oloworaran add say government dey plan to increase retirees’ benefits from 75% to 100% of their final salary. She say, “Whatever pensioner earn as salary when dem retire, na wetin dem go dey get, or at least 75%. We don discuss with President, and we believe National Assembly fit approve the increase.”

Bisan Olufemi, National Secretary of NUPCPS, hail FG and NSIWC for clearing pension arrears and commended PenCom for making sure retirees begin to collect benefits from the same month dem retire.

Retiree Chris Duru thank organisers and appeal say make the programme dey happen every year so that more retirees fit benefit.

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