728 retirees, relatives receive N1.856bn pension in Jigawa

The Jigawa State and Local Governments Contributory Pension Scheme Board has commenced paying terminal and death benefits to 728 retirees and relatives of deceased civil servants from the N1.85 billion recently released for the purpose.

The Executive Secretary of the board, Dr Bilyaminu Shitu Aminu, who disclosed this during a briefing at the Pension House in Dutse, said the disbursement covered gratuities, death benefits and death pension balances.

He explained that 607 retirees would receive N1,546,000,171.79, while 96 relatives of deceased staff would share N289,793,204.10, adding that N21,082,150.38 had been set aside for 25 retirees who died shortly after retirement.

Dr Shitu said the scheme remained the most effective and reliable in the country, noting that its consistent performance reflected the state government’s commitment to the welfare of workers.

Many beneficiaries expressed gratitude for the timely release of their entitlements, saying the payments would help them meet financial obligations and ease their transition into retirement.

Nigerians can now invest ₦2.5 million on premium domains and profit about ₦17-₦25 million. All earnings paid in US Dollars. Rather than wonder, click here to find out how it works.

Join Daily Trust WhatsApp Community For Quick Access To News and Happenings Around You.