The Concerned PHCN Pensioners (CPP) has sent an appeal to the Federal Government to intervene over shortfalls in payment of pension benefits to its members by the Nigeria Electricity Liability Management Ltd/GTE (NELMCO).
The CPP executives, alleged that the leadership of the Nigerian Union of Pensioners (Electricity Sector) colluded with NELMCO to short-change retirees in payment of pension benefits.
The CPP Secretary, Mr Julius Ayodeji, said some of the pension benefits; harmonisation, monetisation and electricity rebates, were trapped in NELMCO.
Ayodeji said NELMCO officially transferred pension payment obligations to Pension Transitional Arrangement Directorate (PTAD) in July, 2014, however, the budget office remitted arrears to NELMCO instead of PTAD, thereby causing administrative conflicts.
“This is the reason CPP believes that its umbrella body, the Nigerian Union of Pensioners (NUP) of the electricity sector has a case to answer,” he said.
The CPP scribe further said the pensioners were yet to receive the 33 per cent arrears of pension increment executed under President Goodluck Jonathan’s regime by PTAD.
He noted that 16,000 retirees spread over all over the country were affected by the shortfall in payment of pension benefits.
“We were prematurely retired in the year 2000, with some of us spending about 15 to 18 years in service,” the CPP secretary lamented.
He explained that before their premature retirement, there was an increment in the worker’s salary by 100 per cent under former President Abdulsalami Abubakar, and a further increment of 42 per cent by former President Olusegun Obasanjo.
“However, when we were prematurely retired in the year 2000, our gratuities were computed only on 100 per cent approved by Abubakar’s regime; we were not paid the 42 per cent increment by Obasanjo,” he said.