Lifestyle

CPS not in tandem with current economic realities – CPUN

By Web News 382

The federal government has been urged to factor in policy that will allow regular review of the current Contributory Pension Scheme, CPS.

Chairman, Contributory Pension Union of Nigeria, CPUN, FRCN Ibadan Chapter, Mr Ademola Afolabi made the call when he led the association’s executives on a courtesy visit to Radio Nigeria Ibadan.

Mr Afolabi said the Contributory Pension Scheme was not in tandem with the reality of the country’s current economic situation, saying it was a way of allowing the nation’s civil servants to retire into penury.

Responding, the Zonal Director, Radio Nigeria Ibadan, Mrs. Bolatito Joseph expressed the readiness of the station to partner with the CPUN in making life easy for the nation’s retirees.

Mrs Joseph added that the plight of retirees should be of grave concern to all civil servants, stressing that all efforts should be made to make life comfortable for them after years of meritorious service to the nation.

Funmilola Obagbayegun

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Yoruba

Àwọn Òsìsẹ́ Fẹ̀yìntì Fi Àidùnú Hàn Lórí Ero Ìjóba Láti Yá Owó Ìfẹ̀yìntì Tí Wọ́n Dá Pamọ́

By Web News 954

Ẹgbẹ́ àwọn òsìsẹ́ fẹ̀yìntí tí wọ́n ńlò ìlànà owó ìfẹ̀yìntì oní dídá, CPUN, ti fi àidùnú wọn hàn lórí ìpinu ìjọba àpapọ̀ àti ti ìpínlẹ̀ láti yá nínú àwọn owó ìfẹ̀yìntì tí wọ́n ńdá jọ.

Gẹ́gẹ́bí àtẹ̀jáde látọ̀dọ̀ alága àjọ tó wà fún owó ìfẹ̀yìntì, Ọ̀gbẹ́ni Samuẹl Kojusọla se sọ, ìgbésẹ̀ yi yio nípa lórí àwọn ètò ìfẹ̀yìntì wọn.

Ẹgbẹ́ náà wá késí àjọ tón rísí ọ̀rọ̀ owó ìfẹ̀yìntì, PENCOM, láti tètè bẹ̀rẹ̀ sísan ìdá mẹ́ẹ̀dógún àti ìdá mẹ́tàlélọ́gbọ̀n àfikún owó ìfẹ̀yìntì láti ọdún 2007 àti tọdún 2010 t’íjọba àpapọ̀ fọwọ́sí.

Wọ́n wá rọ ìjọba ni gbogbo ẹ̀ka láti mú ìgbáyégbádùn àwọn òsìsẹ́ fẹ̀yìntì lọ́kunkúndùn.

Taiwo Akinọla/Yẹmisi Dada

Economy

CPUN Frowns At Government’s Plan To Borrow From Pension Funds

By Web News 760

Contributory Pensioners Union of Nigeria, CPUN, have expressed dissatisfaction over the federal and state governments’ decision to borrow from the pension fund.

According to a statement by the Chairman, Contributory Pension Scheme Fund, Mr Samuel Kojusola, the step was at the expense of their retirement benefits.

The union called on the National Pension Commission, PENCOM, to implement and pay 15% and 33% increase in pension since 2007 and 2010 as approved by the federal government.

They, however, appealed to the government at all levels to prioritize the welfare of pensioners.

Taiwo Akinola