- Federal pensioners under the Contributory Pension Scheme are demanding the immediate release of outstanding accrued rights owed to them from March 2023 to November 2024.
- The pensioners are also seeking payment of unpaid pension increments, including increases in 2007, 2010, and 2024.
- The retirees have threatened to occupy the Federal Ministry of Finance and the Office of the Accountant General of the Federation from December 16, 2024, until their demands are met.
Federal pensioners under the Contributory Pension Scheme have written to the Minister of Finance and Coordinating Minister for the Economy, Olawale Edun, demanding the immediate release of outstanding accrued rights owed to them. The pensioners, who had earlier staged a peaceful rally at the Ministry of Finance, expressed appreciation for the minister’s handling of their grievances but lamented that despite promises, their pensions remained unpaid.
The retirees are seeking payment of unpaid pension increments, including a 15% increase in 2007, a 33% increase in 2010, and a 20-28% increase in 2024. They have also called on the Federal Government to declare a state of emergency in the CPS sector and take immediate steps to clear all government liabilities before December 16, 2024.
In a statement, the pensioners’ union leadership stated that they had the mandate of their members nationwide to take this action, and they would not back down until their demands were met. From December 16, 2024, all CPS retirees nationwide will occupy the Federal Ministry of Finance and the Office of the Accountant General of the Federation until the government meets their demands.
