By Eben Enasco Kingsley, Benin City
Governor Godwin Obaseki of Edo State has appointed 15-pension Fund administrators to embark on the enrollment of employees in the state public services.
Recall that in his budget speech, Governor Obaseki said the scheme, which is aimed at mitigating challenges faced by workers, would commence in the month of January 2017.
Enumerating the appointed fund administrators, our correspondent disclosed that, Aiico Pension managers Limited, ARM Pension Managers (PFA) Limited, Crusader Sterling Pensions Limited, Fidelity Pension Managers Limited, First Guarantee Pensions Limited, Future Unity Glanvils Pensions Limited, Leadway Pension PFA Limited, Legacy Pension Managers Limited, Pensions Alliance Limited (PAL) Legacy Pension Managers Limited, Pensions Alliance Limited (PAL), Sigma Pensions Limited, Stanbic IBTC Pension Managers Limited, Premium Pension Limited, OAK Pensions and Trust Fund
Besides, Governor Obaseki further informed that, an executive bill for the amendment of the pension law has been proposed to the Edo State House of Assembly.
Meanwhile, the governor also revealed that government would resolve teething key issues identified in the payment of pensions and gratuities adding that, “The issue of pension is one that we will deal with”.
He said, “The government has made provision in the budget for the scheme, with the contribution of 10 per cent by government 8% per cent by behalf of workers.
The Governor however, called on workers and other relevant stakeholders to support government in the actualization and realization of this scheme for the benefit of all.
