PTAD, FEPPPAN APPEAL TO NUP TO SHELVE PROPOSED PROTEST

THE PENSION TRANSITIONAL ARRANGEMENT DIRECTORATE (PTAD) HAS APPEAL TO THE NIGERIA UNION OF PENSIONERS TO SHELVE ITS PROPOSED PROTEST OVER DELAY IN THE IMPLEMENTATION OF THE CONSEQUENTIAL ADJUSTMENT TO THE PENSION BENEFITS OCCASIONED BY THE 2019 MINIMUM WAGE, AS THE IMPLEMENTATION IS MOST LIKELY TO COMMENCE AT THE END OF APRIL, 2021 GOING BY THE SUBMISSIONS THAT HAD BEEN MADE BY ALL STAKEHOLDERS.

PTAD NOTED THAT, COVID-19 PLAYED A PROMINENT ROLE IN THE DELAY.

SIMILARLY, THE FEDERAL PARASTATALS AND PRIVATE SECTOR PENSIONERS ASSOCIATION OF NIGERIA (FEPPPAN) HAS DIRECTED ITS MEMBERS ACROSS THE COUNTRY TO REFRAIN FROM PARTICIPATING IN ANY FORM OF PROTEST FOR ANY REASON THAT HAS TO DO WITH IMPLEMENTATION OF MINIMUM PENSION.

THE UNION STATED THAT IT NATIONAL ADMINISTRATIVE COUNCIL (NAC) HAD EARLIER ENGAGED GOVERNMENT ON THE MATTER AND WAS GIVEN A SATISFACTORY RESPONSE THAT FEDERAL GOVERNMENT WAS AT THE FINAL STAGES OF APPROVING, ISSUANCE OF CIRCULAR AND IMPLEMENTATION OF THE NEGOTIATED ADJUSTMENTS FOR PENSIONERS.

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